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Dobler Company Uses a Periodic Inventory System

question 174

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Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2014 are as follows: Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2014 are as follows: An end of the month (1/31/2014) inventory showed that 160 units were on hand. If the company uses FIFO, what is the value of the ending inventory? A) $880 B) $800 C) $868 D) $1,212 An end of the month (1/31/2014) inventory showed that 160 units were on hand. If the company uses FIFO, what is the value of the ending inventory?

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