Question: View Policies Current Attempt in Progress In its first month of operations, Flint Inc. made three purchases of inventory in the following sequence: (1) 390

 View Policies Current Attempt in Progress In its first month of

View Policies Current Attempt in Progress In its first month of operations, Flint Inc. made three purchases of inventory in the following sequence: (1) 390 units at $10 each, (2) 730 units at $12 each, and (3) 830 units at $11 each. A physical inventory count determined that there were 600 units on hand at the end of the month. Assuming Flint uses a periodic inventory system. (a) Calculate the cost of the ending inventory and cost of goods sold using by FIFO. Ending inventory $ Cost of goods sold $ e Textbook and Media Submit Answer Attempts: 0 of 3 used Save for Later

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