ECONOMICS

COST ACCOUNTING

INTRODUCTION TO COST ACCOUNTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Purchases 600 at P4.90 eachIssuance 175Issuance 225Issuance 280Purchase 400 at P4.95 eachIssuance 310Returned materials from 280units issuance is 20 unitsWhat is the cost of ending inventory using the FIFO costing method?
A
P2, 519
B
P2, 421
C
P2, 500
D
P2, 400
Explanation: 
There is 1 question to complete.