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Keck CoHad 450 Units of Product a on Hand at January

Question 129

Multiple Choice

Keck Co.had 450 units of product A on hand at January 1, 2010, costing $42 each.Purchases of product A during January were as follows: Keck Co.had 450 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 600 units of product A on hand.The cost of the inventory at January 31, 2010 under the FIFO method is A) $25,500. B) $26,700. C) $28,200. D) $24,600. A physical count on January 31, 2010 shows 600 units of product A on hand.The cost of the inventory at January 31, 2010 under the FIFO method is


A) $25,500.
B) $26,700.
C) $28,200.
D) $24,600.

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