100 units $20 January 21,
100 units $30 Februaru 28,
Sold 150 units $45 each from March to December 31.
Calculate using FIFO method.

Sold 100 units @20 and 50 units @ $30

I appreciate your help... but in my homework the answers are 1250, 1500, 1000, 2250. I've been trying to solve these FIFI for like 10 hours already. Thank you for your help again.

I think Pready may have left, so let me answer this for you. He gave you the order in which the items are deemed sold. Your question is looking for the remaining balance, so using what he told you the remaining balance of 50 (100+100-150) would be valued at $30 each. Please ask if you are still confused.

Ahh... accoiunting is frustrating..
So this means the answer will be 1500 ?
I have a list of answers: 1250, 1500, 1000, 2250.

Right, and it can be frustrating.