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.
Correct Answer:
Verified
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