Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr.20 Purchase Number of Units 450 350 Unit Cost $2.48 2.76 Dunbar sold 550 units of inventory during the month. Ending inventory assuming FIFO would be: your answer to the nearest dollar amount.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Inventory records for Dunbar Incorporated revealed the following:
Date
Transaction
Apr. 1 Beginning inventory
Apr.20 Purchase
he table below, w
//play.goo
Multiple Choice
Dunbar sold 550 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your in-
your answer to the nearest dollar amount.)
$690.
$620.
Number
of Units
Highlight All
450
350
Match Case
Unit
Cost
$2.48
2.76
< Prev
Match Diacritics
C
4 of 10
H
Whole Words 1 of 1 match
Next >
Transcribed Image Text:Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr.20 Purchase he table below, w //play.goo Multiple Choice Dunbar sold 550 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your in- your answer to the nearest dollar amount.) $690. $620. Number of Units Highlight All 450 350 Match Case Unit Cost $2.48 2.76 < Prev Match Diacritics C 4 of 10 H Whole Words 1 of 1 match Next >
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