Homework Help: Business Math

Posted by Terry on Monday, January 23, 2012 at 10:41am.

Using the FIFO method of inventory pricing, what is the dollar value of ending inventory if there were 300 units on hand on December 31?
Annual inventory of windshield wipers
January 1 Beginning inventory 300 units@11.00
March 15 Purchase 150 units@10.50
June 10 Purchase 200 units@10.75
September 22 Purchase 175 units @10.00
December 10 Purchase 100 units@12.00
a)3188 b)3219 c)3350 d)3600

No one has answered this question yet.

Answer this Question

Related Questions

Math - Imagine that you’re the manager of an auto parts store. Figure A-2 ...
math - Imagine that you're the manager of the Candle Shop. Figures C-1 ...
Business Finance - Using the FIFO method of inventory pricing, what is the ...
Math - I have 2 questions involving inventory Question 1. Your a manager of an ...
very hard math question please help - The Candle Shop -Annual Inventory of ...
business accounting - Lakie uses a perpetual inventory system. Ending inventory ...
COLLEGE ACCOUNTING - Sunset Company uses the periodic inventory method and had ...
Matth please explian - You are the manager of The Candle Shop using the FIFO ...
Math - Please check my answer thanks :) What is the dollar value of ending ...
Math confused - Amy is the owner of The Candle Shop she uses the FIFO method for...

For Further Reading

First Name:
School Subject:
Answer: