Serene Stereos has the following inventory data: A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand. Cost of goods sold under FIFO is
A) $438
B) $846
C) $421
D) $863

Question

Serene Stereos has the following inventory data:  A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand. Cost of goods sold under FIFO is
A) $438 
B) $846 
C) $421 
D) $863

Quizplus · Accepted Answer

The Answer of Serene Stereos has the following inventory data:  A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand. Cost of goods sold under FIFO is
A) $438 
B) $846 
C) $421 
D) $863

Serene Stereos Has the Following Inventory Data: a Physical