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2 The Hat Store had the following series of transactions for Year 2 Date January 11 March 15 Transaction Beginning inventory Purchased Purchased Sold
2 The Hat Store had the following series of transactions for Year 2 Date January 11 March 15 Transaction Beginning inventory Purchased Purchased Sold Description 60 units @$21.00 205 units @ $25.00 188 units $25.00 -Book May 30 August 10 November 20 Required Sold 270 units @$26.00 335 units $45.25 a. Determine the quantity and dollar amount of inventory at the end of the year, assuming The Hat Store uses the FIFO cost flow assumption and keeps perpetual records. (Round your answers to 2 decimal places.) Hint Print erences Ending inventory units @ Next
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