At December 31, 2022, Wildhorse Company’s inventory records indicated a balance of $821600. Upon further investigation i
Posted: Fri Jul 01, 2022 8:21 am
At December 31, 2022, Wildhorse Company’s inventoryrecords indicated a balance of $821600. Upon further investigationit was determined that this amount included the following:
What is Wildhorse’s correct ending inventory balance atDecember 31, 2022?
$676000
$668200
$813800
$572000
Blossom First Company just began business and made thefollowing four inventory purchases in June:
A physical count of merchandise inventory on June 30 revealsthat there are 258 units on hand. Using the LIFOinventory method, the value of the ending inventory on June 30is
$1812
$1703
$2400
$2168
Steven’s Market recorded the following events involving a recentpurchase of inventory:
As a result of these events, the company’s inventory
increased by $88210.
increased by $88200.
increased by $90000.
increased by $87710.
What is Wildhorse’s correct ending inventory balance atDecember 31, 2022?
$676000
$668200
$813800
$572000
Blossom First Company just began business and made thefollowing four inventory purchases in June:
A physical count of merchandise inventory on June 30 revealsthat there are 258 units on hand. Using the LIFOinventory method, the value of the ending inventory on June 30is
$1812
$1703
$2400
$2168
Steven’s Market recorded the following events involving a recentpurchase of inventory:
As a result of these events, the company’s inventory
increased by $88210.
increased by $88200.
increased by $90000.
increased by $87710.