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Napier CoHad 150 Units of Product a on Hand at January

Question 94

Multiple Choice

Napier Co.had 150 units of product A on hand at January 1, 2010, costing $42 each. Purchases of product A during January were as follows: Napier Co.had 150 units of product A on hand at January 1, 2010, costing $42 each. Purchases of product A during January were as follows: A physical count on January 31, 2010 shows 200 units of product A on hand.The cost of the inventory at January 31, 2010 under the FIFO method is A) $8,200. B) $9,400. C) $8,900. D) $9,400 A physical count on January 31, 2010 shows 200 units of product A on hand.The cost of the inventory at January 31, 2010 under the FIFO method is


A) $8,200.
B) $9,400.
C) $8,900.
D) $9,400

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