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QUESTION

December 31 inventory at year-end prices was $143,360, and the price index was 112. 121. What is RF Companys ending inventory?

December 31 inventory at year-end prices was $143,360, and the price index was 112. 121. What is RF Company"s ending inventory? A. $100,000. B. $128,000. C. $131,360. D. $143,360. What is RF Company"s gross profit? A. $428,000. B. $431,360. C. $443,460. D. $868,640.

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