Barry's Books uses a periodic inventory system.Barry's Books sold 40 copies of Helpful Hints during September.Other data for September include:
$$\begin{array} { | c | l | l | }
\hline \text { Sep. } 1 & \text { Balance } & 10 \text { books } @ \$ 20 \
\hline 8 & \text { Purchased } & 15 \text { books } @ \$ 21 \
\hline 17 & \text { Purchased } & 20 \text { books } @ \$ 22 \
\hline 25 & \text { Purchased } & 20 \text { books } @ \$ 24 \
\hline
\end{array}$$
Cost of goods sold under the FIFO method is:

Question

Barry's Books uses a periodic inventory system.Barry's Books sold 40 copies of Helpful Hints during September.Other data for September include:
$$\begin{array} { | c | l | l | } 
\hline \text { Sep. } 1 & \text { Balance } & 10 \text { books } @ \$ 20 \
\hline 8 & \text { Purchased } & 15 \text { books } @ \$ 21 \
\hline 17 & \text { Purchased } & 20 \text { books } @ \$ 22 \
\hline 25 & \text { Purchased } & 20 \text { books } @ \$ 24 \
\hline
\end{array}$$
Cost of goods sold under the FIFO method is:

Quizplus · Accepted Answer

The Answer of Barry's Books uses a periodic inventory system.Barry's Books sold 40 copies of Helpful Hints during September.Other data for September include:
$$\begin{array} { | c | l | l | } 
\hline \text { Sep. } 1 & \text { Balance } & 10 \text { books } @ \$ 20 \
\hline 8 & \text { Purchased } & 15 \text { books } @ \$ 21 \
\hline 17 & \text { Purchased } & 20 \text { books } @ \$ 22 \
\hline 25 & \text { Purchased } & 20 \text { books } @ \$ 24 \
\hline
\end{array}$$
Cost of goods sold under the FIFO method is:

Barry's Books Uses a Periodic Inventory System Cost of Goods Sold Under the FIFO Method Is: A)$920

Barry's Books Uses a Periodic Inventory System Cost of Goods Sold Under the FIFO Method Is:
A)$920