Kylo Ren Company has the following inventory data: July 1 $ 570 7 2,100 9...
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Accounting
Kylo Ren Company has the following inventory data: July 1 $ 570 7 2,100 9 22 Beginning Inventory 30 units at $19 Purchases 105 units at $20 Sold 52 units Purchases 15 units at $22 Sold 50 units 330 24 $3,000 A physical count of merchandise inventory on July 30 reveals that there are 48 units on hand. Using the FIFO inventory method. the amount allocated to cost of goods sold for July is O $930 $2,070 $990 $2,010
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