Question: COMMAS (i.e. 3000) UNLESS OTHERWISE INSTRUCTED TO DO SO. Question 13 4 pts The following data is available for one of the products sold by

COMMAS (i.e. 3000) UNLESS OTHERWISE INSTRUCTED TO DO SO. Question 13

COMMAS (i.e. 3000) UNLESS OTHERWISE INSTRUCTED TO DO SO. Question 13 4 pts The following data is available for one of the products sold by Fried Corp. They use a periodic inventory system: March 1 Beginning Inventory, 1,000 units @ $10.50 10,500 $ 43,000 5 Purchased 4,000 units @ $10.75 22 Purchased 6,000 units @ $11.00 66,000 Available for sale 11,000 units $ 119,500 March 31 Ending inventory--2,000 units If the FIFO method is used, ending inventory for March will be Next

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