Fischer inc had the following inventory in fiscal 2013 the


Fischer, Inc. had the following inventory in fiscal 2013. The company uses the FIFO method of accounting for inventory. Beginning Inventory, January 1, 2013: 130 units @ $10.00 Purchase 200 units @ $12.00 Purchase 50 units @ $9.00 Purchase 110 units @ $10.50 Ending Inventory, December 31, 2013: 120 units The company's cost of goods sold for fiscal 2013 is:

$4,060

$3,865

$5,305

$4,105

None of the above

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Financial Accounting: Fischer inc had the following inventory in fiscal 2013 the
Reference No:- TGS01696419

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