Strods Company reported the following purchases and sales of its only product.Strods uses a perpetual inventory system.Determine the cost assigned to the ending inventory using FIFO.
A)$2,980
B)$2,460
C)$2,850
D)$2,590
E)$2,860

Question

Strods Company reported the following purchases and sales of its only product.Strods uses a perpetual inventory system.Determine the cost assigned to the ending inventory using FIFO. 
A)$2,980 
B)$2,460 
C)$2,850 
D)$2,590 
E)$2,860

Quizplus · Accepted Answer

The Answer of Strods Company reported the following purchases and sales of its only product.Strods uses a perpetual inventory system.Determine the cost assigned to the ending inventory using FIFO. 
A)$2,980 
B)$2,460 
C)$2,850 
D)$2,590 
E)$2,860

Strods Company Reported the Following Purchases and Sales of Its