bullwinkle company has the following unitsunit cost inventory jan 18 000..., Inventories, Accounting

Test
Index

Question:Bullwinkle Company has the following: Units Unit Cost
Inventory, Jan. 1 8,000 $11
Purchase, June 19 13,000 $12
Purchase, Nov, 8 5,000 $13
If 9,000 units are on hand at December, 31, the cost of the ending inventory under FIFO is:

	Units	Unit Cost
Inventory, Jan. 1	8,000	$11
Purchase, June 19	13,000	$12
Purchase, Nov, 8	5,000	$13

A $99,000. 
B $108,000. 
C $113,000. 
D $117,000.

/14

+ AnswerC

+ Report

Descriptive on Inventories Ebook

Total Preview: 1441

Question:Bullwinkle Company has the following:UnitsUnit CostInventory, Jan. 18,000$11Purchase, June 1913,000$12Purchase, Nov, 85,000$13 If 9,000 units are on hand at December, 31, the cost of the ending inventory under FIFO is:

A $99,000.

B $108,000.

C $113,000.

D $117,000.

C

Question:Bullwinkle Company has the following:
Units Unit Cost
Inventory, Jan. 1 8,000 $11
Purchase, June 19 13,000 $12
Purchase, Nov, 8 5,000 $13
If 9,000 units are on hand at December, 31, the cost of the ending inventory under FIFO is: