Question: : Ribeiro Company uses the FIFO method. Using the information provided, what is the unit cost of the 44 units remaining in inventory at month

: Ribeiro Company uses the FIFO method. Using the information provided, what is the unit cost of the 44 units remaining in inventory at month end? • Beginning of the month: 70 units of Product 84K, each costing $31 • Week 1: Buys 34 units for $32 each • Week 2: Buys 50 units for $33 each • Week 4: Sells 110 units for $85 each Answer: A. $31 B. $32 C. $33 D. $85

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