Question: Gamma uses a perpetual inventory system. Beginning inventory for the month of March was reported as 7,200 units that cost $12 each. During the month,
Gamma uses a perpetual inventory system. Beginning inventory for the month of March was reported as 7,200 units that cost \$12 each. During the month, Gamma reported the following transactions: Assuming Gamma uses a FIFO inventory costing method, what is the balance of ending inventory at March 31st? ? $125,550 $111,600 2+14=900
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