Shandy Shutters Has the Following Inventory Information

question 190

Multiple Choice

Shandy Shutters has the following inventory information. A physical count of merchandise inventory on November 30 reveals that there are 50 units on hand. Assume a periodic inventory system is used. Ending inventory under FIFO is

• A) $438.
• B) $846.
• C) $421.
• D) $863.

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