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At March 31, 330 units are still on hand. What is the cost of the endins.inventory at March 31 if Tomasino uses the FIFO method? Mar 17 purchase $2,100 O $2,530 Beginning inventory Mar 1 100 units at $9 per unit Mar 8 purchase 300 units at $12 per unit 130 units at $13 per unit O $3,660 O $6,190 O $4,090

At March 31, 330 units are still on hand. What is the cost of the endins.inventory at March 31 if Tomasino uses the FIFO method? Mar 17 purchase $2,100 O $2,530 Beginning inventory Mar 1 100 units at $9 per unit Mar 8 purchase 300 units at $12 per unit 130 units at $13 per unit O $3,660 O $6,190 O $4,090

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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O $2,100 O $2,530 At March 31, 330 units are still on hand. What is the cost of the endinsimventory at March 31 if Tomasino uses the FIFO method? O $3.660 O $6,190 Tomasino's inventory reconds show theowing data at March 31 Mar 17 purchase O $4,090 Beginning inventory Mar 1 100 units at $9 per unit 300 units at $12 per unit 130 units at $13 per unit Mar 8 purchase
Transcribed Image Text:O $2,100 O $2,530 At March 31, 330 units are still on hand. What is the cost of the endinsimventory at March 31 if Tomasino uses the FIFO method? O $3.660 O $6,190 Tomasino's inventory reconds show theowing data at March 31 Mar 17 purchase O $4,090 Beginning inventory Mar 1 100 units at $9 per unit 300 units at $12 per unit 130 units at $13 per unit Mar 8 purchase
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