How much is ending inventory at March 31st?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Subject: accounting
Transcribed Image Text:Wilsonwear uses a perpetual inventory system and the EIFQ costing method. The following information is available for the month of March.
10n hand, 10 units at $2 each
$ 20
45old 8 units for $10 each
22Purchased 50 units at $4 each)
265old 48 units for $10 each.
How much is ending inventory at March 31st?
O A $16
OB. $12
OC $40
D.18
Mar.
ninn 29 nf 42.
80
200
480
2.0 Points
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