Storme Shutters has the following inventory information. Nov. 1 Inventory 30 units @ $8.00 8 Purchase 120 units@ $8.30 1
Posted: Sun Jul 03, 2022 1:16 pm
Storme Shutters has the following inventory information. Nov. 1 Inventory 30 units @ $8.00 8 Purchase 120 units@ $8.30 17 Purchase 60 units @ $8.70 25 Purchase 90 units@ $8.80 A physical count of merchandise inventory on November 30 reveals that there are 80 units on hand. Assume a periodic inventory system is used. Ending inventory under FIFO is $655, $704. $1,758. $1,812.