Rick Company's beginning inventory and purchases during the fiscal year ended December 31, 2012 were as follows: (NOTE: The company uses a perpetual system of inventory.)

What is the ending inventory of Rick Company for 2012 using FIFO?

Question

Rick Company's beginning inventory and purchases during the fiscal year ended December 31, 2012 were as follows: (NOTE: The company uses a perpetual system of inventory.)
  
What is the ending inventory of Rick Company for 2012 using FIFO?

Quizplus · Accepted Answer

The Answer of Rick Company's beginning inventory and purchases during the fiscal year ended December 31, 2012 were as follows: (NOTE: The company uses a perpetual system of inventory.)
  
What is the ending inventory of Rick Company for 2012 using FIFO?

Rick Company's Beginning Inventory and Purchases During the Fiscal Year