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Author Question: At the beginning of May a restaurant has 5 boxes of 18" film valued at $21.00 per box. During the ... (Read 116 times)

stevenposner

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on: Aug 20, 2020
At the beginning of May a restaurant has 5 boxes of 18" film valued at $21.00 per box. During the month it receives the following amounts at the listed prices

May 5                          4 boxes            $20/box
May 12                        5 boxes            $22/box
May 19                        4 boxes            $21/box
May 26                        5 boxes            $20/box

At the end of the month, there are 6 boxes left in inventory. Using the FIFO method for valuing inventory, what is the value of the inventory?
◦ $120
◦ $121
◦ $122
◦ $130
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Marked as best answer by stevenposner on Aug 20, 2020

angrybirds13579

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Reply #1 on: Aug 20, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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stevenposner

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Reply 2 on: Aug 20, 2020
YES! Correct, THANKS for helping me on my review

amcvicar

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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