Question: Exercise 6 - 1 5 A ( Algo ) Periodic: Cost flow assumptions LO P 3 Flora's Gifts reported the following current - month data

Exercise 6-15A (Algo) Periodic: Cost flow assumptions LO P3
Flora's Gifts reported the following current-month data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 80 units-60 units from the January 6 purchase and 20 units from the January 25 purchase.
\table[[January 1,Beginning inventory,185 units,@ $3.90,=$721.50
 Exercise 6-15A (Algo) Periodic: Cost flow assumptions LO P3 Flora's Gifts

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