Multiple Choice
Klump Co. uses a perpetual inventory system and had the following inventory transactions for the month of June.June
-Refer to the information provided for Klump Co. If the company uses the FIFO inventory costing method, the amount of ending inventory reported on the balance sheet is:
A) $1,800.00
B) $1,810.00
C) $1,823.75
D) $1,825.00
Correct Answer:

Verified
Correct Answer:
Verified
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