Question: Soru 3. Please calculate the ending inventory amount using FIFO inventory valuation methods with the following production and sales figures. Beginning inventory was zero at

 Soru 3. Please calculate the ending inventory amount using FIFO inventory

Soru 3. Please calculate the ending inventory amount using FIFO inventory valuation methods with the following production and sales figures. Beginning inventory was zero at January 1, 2019. Operating expenses for the same year were TRY 1.500.000. The following purchases were Month Units Per Unit Cost January 150 10.000 1.500.000 March 150 11.000 1.650.000 June 250 12.000 3.000.000 October 200 15.000 3.000.000 December 500 14.000 7.000.000 Total 1.250 16.150.000 There are 500 items sold during a year with the fixed sales price of TRY 15,000 per unit. A 9100 B 10600 11150 D 9150

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