1. Determine the cost of the inventory on December 31 by the first-in, first-out method

Inventory, January 1 Inventory Count, December 31 Model 4 at 815 8 at 3 at 6 at 3 at 15 at g at G83 7 at 5 at 10 at 12 at 16 at 16 at MGO 2 at 3 at 3 at Q70 5 at 4 at 7 at Required: 4 at 4 at 3 at 5 at 10 at 2 at 4 at $ 64 158 250 246 110 170 4 2nd at 3rd $ 176 242 240 108 160 $ 70 260 267 128 175 76 259 270 1. Determine the cost of the inventory on December 31 by the first-in, first-out method. If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the units PURCHASED MOST RECENTLY first. Dymac Appliances Cost of the Inventory FIFO Method December 31 Model 815 ESO G83 mgo Q70 Total Quantity Unit Cost Total Cost