Question: If units sold for October equal 35, what would be the cost of goods sold and ending inventory values for October assuming that the FIFO
If units sold for October equal 35, what would be the cost of goods sold and ending inventory values for October assuming that the FIFO method is used? Beginning inventory, October 1: 10 units @ $10 per unit Purchase on October 10: 20 units @ $12 per unit Purchase on October 21: 15 units @ $13 per unit Group of answer choices
$425; $130
$350; $195
$435; $100
$405; $130
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