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13. Acme-Jones Corporation uses a FIFO perpetual inventory system. August 2, 25 units were purchased at $12 per unit. August 5, 10 units were purchased

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13. Acme-Jones Corporation uses a FIFO perpetual inventory system. August 2, 25 units were purchased at $12 per unit. August 5, 10 units were purchased at $13 per unit August 15, 12 units were sold at $25 per unit. August 18, 15 units were purchased at $14 per unit. What was the amount of the ending inventory for the month of August? A. $496.00 B. $486.00 C. $492.57 D. $300.00 E. S510.00 purchased 20 units at S12 each. 12 units are sold on June 5. Using the FIFO perpetual inventory method, what is the cost of the 12 units that were sold? A. $120 B. $124 C. $128 D. $130 E. $140 14. A company has inventory of 10 units at a cost of $10 each on June 1. On June 3, they

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