Napier Co.had 150 units of product A on hand at January 1, 2010, costing $42 each. Purchases of product A during January were as follows:
A physical count on January 31, 2010 shows 200 units of product A on hand.The cost of the inventory at January 31, 2010 under the FIFO method is
A) $8,200.
B) $9,400.
C) $8,900.
D) $9,400
Correct Answer:
Verified
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