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The Corner Frame Shop wants to know the effect of different inventory costing methods on...

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Accounting

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The Corner Frame Shop wants to know the effect of different inventory costing methods on its financial statements. Inventory and purchases data for June are: (Click the icon to view the inventory and purchases data.) If The Corner Frame Shop uses the FIFO method, the cost of the ending inventory will be Data table - X O A. $21,200. B. $20,900 C. $21.240. Units Unit Cost Total Cost OD. $27,840. Jun 1 Beginning inventory 2.500 $ 11.00 $ 27,500 Jun 4 Purchase 1.800 $ 11.80 21.240 Jun 9 Sale (1.900)

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