21 The following details are for the inventory of a company kilos cost per kilo total cost 110 inventory 1 January 2016 100 100 10000 purchased January 2016 200 105 21000 purchased 1 February 2016 300 33 000 400 kilos remained as inventory at the end of February 2016 The company used FIFO to value its inventory What was the value of inventory at the end of February? A $40 000 B $42667 C$43500 D $44000 [Turn Over)