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Oriole uses the periodic inventory system. For the current month, the beginning inventory consisted of 7200 units that c
Posted: Fri Jul 01, 2022 8:39 am
by answerhappygod
- Oriole Uses The Periodic Inventory System For The Current Month The Beginning Inventory Consisted Of 7200 Units That C 1 (114.97 KiB) Viewed 25 times
Oriole uses the periodic inventory system. For the current month, the beginning inventory consisted of 7200 units that cost $12.00 each. During the month, the
company made two purchases: 2900 units at $13.00 each and 12000 units at $13.50 each. Oriole also sold 12900 units during the month. Using the FIFO method, what is the ending inventory? O $124200. O $110400. O $112400. O $119143.