# You are the merchandise manager at Best Buy. The following data represent your records of the annual inventory figures for a particular video game. Best Buy January 1 Beginning Inventory 200 units @ $8.00$1,600 May 14 Purchase 100 units @ $8.50 850 August 27 Purchase 250 units @$9.00 2,250 November 18 Purchase 300 units @ $8.75 2,625 Video games available for sale 850 _ _$ 7 , 325 _ _ Using the FIFO method of inventory pricing, what is the dollar value of ending inventory if 380 video games were on hand on December 31?

### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
Publisher: Cengage Learning
ISBN: 9781305585447

### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
Publisher: Cengage Learning
ISBN: 9781305585447

#### Solutions

Chapter 16.I, Problem 1TIE
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