Use the following inventory related information for Questions below:
Matt's Sporting Goods had the following inventory records for the month of January.

-Assuming the first in first out (FIFO) method is used, what is Matt's total Cost of Goods Sold for the month of January?
A) $14,280
B) $14,270
C) $14,320
D) $14,300

Question

Use the following inventory related information for Questions below:
Matt's Sporting Goods had the following inventory records for the month of January.
 
-Assuming the first in first out (FIFO) method is used, what is Matt's total Cost of Goods Sold for the month of January?
A) $14,280 
B) $14,270 
C) $14,320 
D) $14,300

Quizplus · Accepted Answer

The Answer of Use the following inventory related information for Questions below:
Matt's Sporting Goods had the following inventory records for the month of January.
 
-Assuming the first in first out (FIFO) method is used, what is Matt's total Cost of Goods Sold for the month of January?
A) $14,280 
B) $14,270 
C) $14,320 
D) $14,300

Use the Following Inventory Related Information for Questions Below