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What is the ending inventory under fifo

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Reference no: EM132492521

Splish has the following inventory data:

Nov. 1 Inventory 36 units @ $7.20 each

8 Purchase 144 units @ $7.75 each

17 Purchase 72 units @ $7.55 each

25 Purchase 108 units @ $7.90 each

Question 1: A physical count of merchandise inventory on November 30 reveals that there are 120 units on hand. What is the ending inventory under FIFO?

Reference no: EM132492521

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