Question: options: a) $464 b) $424 c) $474 d) $420 QUESTION 41 Use the information below to answer the following questions. The Beamer Company sells bedrolls
options:
a) $464
b) $424
c) $474
d) $420
QUESTION 41 Use the information below to answer the following questions. The Beamer Company sells bedrolls for $60 cach. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Units Cost Date May 3 Bedrolls Purchase Sale Purchase $24 Sale Sale Purchase 30 $30 Assuming that the company uses the perpetual inventory system, determine the May 31 inventory balance using the FIFO inventory cost method
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