Business, 04.03.2020 04:50 Galaxystyx

Sheffield Corp. just began business and made the following four inventory purchases in June: June 1 290 units $2030 June 10 340 units 2516 June 15 200 units 1540 June 28 290 units 2291 $8377 A physical count of merchandise inventory on June 30 reveals that there are 350 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory (rounded to whole dollar) for June is $2753. $2450. $2765. $2474.

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Sheffield Corp. just began business and made the following four inventory purchases in June: June 1...