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 FIFO cost flow and periodic inventory method. Other information available is as follows:

	Unit	Unit Cost
Beginning inventory	100	$5
Purchase, January 12	200	$6
Purchase, August 25	150	$7

Ending inventory	200

What is the value of ending inventory:

Ltfen birini sein:

a. 1400

b. 1350

c. 1450

d. 2700

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