Question: If the first in, first out method (FIFO) was used, the inventory in dollars after the sale on August 15 was: a. $26,196. b. $23,010.
If the first in, first out method (FIFO) was used, the inventory in dollars after the sale on August 15 was: a. $26,196. b. $23,010. C. $21,350. d. $22,425. e. $28,308
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
