# bookkeeping

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Fuses
on 2/1/20 i purchased 5000@1.20
on 5/6/20 i purchased 2500@1.24
on 9/18/20 i purchased 1000@1.33
i have 2481 on hand
what is the ending inventory value for fuses using FIFO?
A)\$2,977.20
B)\$3,044.33
C)\$3166.44
D)\$3299.73

• bookkeeping -

Cases
on 2/1/20 i purchased 1500@2.30
on 5/6/20 i purchased 1000@2.32
on 9/18/20 i purchased 985@2.35 i have 1304 on hand
what is the ending inventory value for the cases using LIFO?
A)\$2999.20
B)\$3025.11
C)\$3054.83
D)\$3064.40

• bookkeeping -

• bookkeeping -

• bookkeeping -

writeacher can you help me

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