Roki Inc uses the periodic inventory system. June 1 On hand, 50 units @ $15.00 each $ 750.00 5 Purchased 115 units @ $15.10 each 1,736.50 14 Purchased 75 units @ $15.20 each 1,140.00 Total cost of goods available for sale $3,626.50 30 On hand, 90 units If Roki uses the FIFO inventory method, the amount assigned to the June 30 inventory would be

a. $1,354.00
b. $1,590.42
c. $1,594.00
d. $1,366.50


d

Business

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