24.

A company has beginning inventory of 13 units at a cost of $13 each on February 1. On February 3, it purchases 23 units at $15 each. 18 units are sold on February 5. Using the FIFO periodic inventory method, what is the cost of the 18 units that are sold?

• $248

• $247

• $234

• $244

• $257

Sandoval needs to determine its year-end inventory. The warehouse contains 34,000 units, of which 4,400 were damaged by flood and are not sellable. Another 3,400 units were purchased from Markor Company, FOB shipping point, and are currently in transit. The company also consigns goods and has 5,400 units at a consignee's location. How many units should Sandoval include in its year-end inventory?

• 31,600

• 35,000

• 38,400

• 47,200

• 42,800