Question: During the year, ABC Inc determined ending inventory and COGS under FIFO cost flow and periodic inventory method. Other information available is as follows: Unit

During the year, ABC Inc determined ending inventory and COGS under

During the year, ABC Inc determined ending inventory and COGS under FIFO cost flow and periodic inventory method. Other information available is as follows: Unit Unit Cost 100 Beginning inventory Purchase, January 12 Purchase, August 25 200 $5 $6 $7 150 Ending inventory 200 What is the value of COGS: Ltfen birini sein: a. 1350 b. 1450 C. 1400 d. 2750

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