Question: Current Attempt in Progress Sheridan Corp has the following data related to an item of inventory: Inventory, March 1 90 units @$8.20 Purchase, March
Current Attempt in Progress Sheridan Corp has the following data related to an item of inventory: Inventory, March 1 90 units @$8.20 Purchase, March 7 360 units @ $8.60 Purchase, March 16 80 units @$9.20 Inventory, March 31 160 units If the company uses FIFO, what is the value assigned to cost of goods sold? O $2408 O $3314 $2576 $3146 eTextbook and Media-
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