The inventory data for an item for November are: Using a perpetual system, what is the cost of the merchandise sold for November if the company uses FIFO?
A) $610
B) $600
C) $590
D) $580

Question

The inventory data for an item for November are:  Using a perpetual system, what is the cost of the merchandise sold for November if the company uses FIFO?
A) $610 
B) $600 
C) $590 
D) $580

Quizplus · Accepted Answer

The Answer of The inventory data for an item for November are:  Using a perpetual system, what is the cost of the merchandise sold for November if the company uses FIFO?
A) $610 
B) $600 
C) $590 
D) $580

The Inventory Data for an Item for November Are