Chase Company uses the perpetual inventory method. The inventory records for Chase reflected the following information: Assuming Chase uses a FIFO cost flow method, what is the ending inventory on January 31?
A)$1,705
B)$1,650
C)$2,940
D)$2,540

Question

Chase Company uses the perpetual inventory method. The inventory records for Chase reflected the following information:  Assuming Chase uses a FIFO cost flow method, what is the ending inventory on January 31?
A)$1,705 
B)$1,650 
C)$2,940 
D)$2,540

Quizplus · Accepted Answer

The Answer of Chase Company uses the perpetual inventory method. The inventory records for Chase reflected the following information:  Assuming Chase uses a FIFO cost flow method, what is the ending inventory on January 31?
A)$1,705 
B)$1,650 
C)$2,940 
D)$2,540

Chase Company Uses the Perpetual Inventory Method