Question: uring the year, ABC Inc determined ending inventory and COGS under FIFO cost flow and periodic inventory method. Other information available is as follows: Unit

uring the year, ABC Inc determined ending inventory and COGS under FIFO cost flow and periodic inventory method. Other information available is as follows:

Unit Unit Cost
Beginning inventory 100 $5
Purchase, January 12 200 $6
Purchase, August 25 150 $7
Ending inventory 200

What is the value of ending inventory:

Ltfen birini sein:

a. 1450

b. 2700

c. 1400

d. 1350

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