AAA Co. uses a periodic inventory system and has the following information in regard to...
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AAA Co. uses a periodic inventory system and has the following information in regard to its inventory: Beginning inventory Purchase on January 25 Purchase on March 15 Purchase on October 2 Goods available for sale 2 00 units @ 19 300 units @ 20 200 units @ 21 400 units @ 22 $3,800 6.000 4,200 23 8,800 $22.800 There are 550 units in ending inventory. What is the amount of the ending inventory using the FIFO method? Multiple Choice 0 $11.950 0 $3,800 0 O $9,800 S9,800 0 $8800
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