A bakery receives 200 loaves of bread each day of the week. The table below displays how much it spent each day last week. The bakery uses FIFO. If it
had 150 loaves of bread left on Friday afternoon, what was the current value
of its stock?
Price
$175
Day
Monday
Tuesday
Wednesday
Thursday
Friday
$200
$225
$250
$300
A. $300
B. $250
Ο Ο Ο Ο
C. $175
D. $225