accounting help
Posted: Sun Jul 03, 2022 1:15 pm
accounting help
Roc3, Inc. engaged in the following inventory transactions this period: Date Purchase Beg. 50 Units @ $20 cost each 1/10 1/15 35 Units @ $18 cost each 1/20 1/25 20 Units @ $16 cost each O $680. O $1,150. O $800. Sale O $1,270. 40 Units @ $35 retail each Using a periodic approach, What is Roc3's ending January inventory using FIFO? 25 Units @ $35 retail each
Roc3, Inc. engaged in the following inventory transactions this period: Date Purchase Beg. 50 Units @ $20 cost each 1/10 1/15 35 Units @ $18 cost each 1/20 1/25 20 Units @ $16 cost each O $680. O $1,150. O $800. Sale O $1,270. 40 Units @ $35 retail each Using a periodic approach, What is Roc3's ending January inventory using FIFO? 25 Units @ $35 retail each