Use the following information for the month of July for questions
ABC Inc.uses the FIFO cost formula in a perpetual inventory system.

-Ending inventory at July 31 is
A)$2,330.
B)$720.
C)$680.
D)$550.

Question

Use the following information for the month of July for questions 
ABC Inc.uses the FIFO cost formula in a perpetual inventory system.
 
-Ending inventory at July 31 is
A)$2,330. 
B)$720. 
C)$680. 
D)$550.

Quizplus · Accepted Answer

The Answer of Use the following information for the month of July for questions 
ABC Inc.uses the FIFO cost formula in a perpetual inventory system.
 
-Ending inventory at July 31 is
A)$2,330. 
B)$720. 
C)$680. 
D)$550.

Use the Following Information for the Month of July for Questions