Tomasino's Inventory Records Show the Following Data at January 31

question 80

Multiple Choice

Tomasino's inventory records show the following data at January 31: At January 31,240 units are still on hand.What is the cost of the ending inventory at January 31 if Tomasino uses the FIFO method?

• A)$1,680
• B)$1,950
• C)$2,520
• D)$2,130

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