sciencefacts3549 sciencefacts3549

27-05-2023
Mathematics

contestada

Assume Noah Co has the following purchases of inventory during their first month of operations

First Purchase

Second Purchase

Number of Units

130

451

Cost per unit

3.1 3.5

Assuming Noah Co sells 303 units at $14 each, what is the ending dollar balance in inventory if they use FIFO?

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