Question

A wholesaler uses the first-in-first-out (FIFO) method of pricing inventory issues at ea
end. The following details, relating to product Z, are provided for a month
Opening balance 860 units at a total cost of 1,892
Purchases 1,000 units at a total cost of 2,250
Sales - 910 units
What is the cost of sales of product Z in the month ?
(a) 1,892.00
(b) 2,250.00
(d) 2,004.50
​

Answer 1

Answer:

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Explanation:

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