Answer:
TOTAL 258,000
TOTAL 258,000
Explanation:
Calculation to reconcile the number of physical units Using the FIFO method
PHYSICAL UNITS
Beginning Inventory 74,000
Units Started 184,000
TOTAL 258,000
PHYSICAL UNITS
Units Completed 164,000
(258,000-94,000)
Ending Inventory 94,000
TOTAL 258,000
Therefore Using the FIFO method to reconcile the number of physical units will give us 258,000 and 258,000
