Question: March 1 Beginning inventory = 29 units $6.00 March 3 Purchased 22 units 4.20 Sold 22 units 8.90 March 9 What is the ending inventory

March 1 Beginning inventory = 29 units $6.00 March 3 Purchased 22 units 4.20 Sold 22 units 8.90 March 9 What is the ending inventory balance for Julia & Company assuming that it uses FIFO? (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $92 $177 $134. $174
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
