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    Financial Accounting Study Set 10
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    Exam 6: Inventory Cost of Goods Sold
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    Given the Following Data, Calculate the Cost of Ending Inventory
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Given the Following Data, Calculate the Cost of Ending Inventory

Question 121

Question 121

Multiple Choice

Given the following data, calculate the cost of ending inventory using the FIFO costing method. Given the following data, calculate the cost of ending inventory using the FIFO costing method.   A)  $545 B)  $720 C)  $740 D)  $915


A) $545
B) $720
C) $740
D) $915

Correct Answer:

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