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Inventory Information for Great Falls Merchandising,Inc

Question 249

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Inventory information for Great Falls Merchandising,Inc.is provided below.Sales for the period were 2,800 units for $8 each.The company uses a FIFO periodic inventory system. Inventory information for Great Falls Merchandising,Inc.is provided below.Sales for the period were 2,800 units for $8 each.The company uses a FIFO periodic inventory system. Determine the ending inventory at March 31. A) $3,400 B) $3,800 C) $9,200 D) $10,000 Determine the ending inventory at March 31.


A) $3,400
B) $3,800
C) $9,200
D) $10,000

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