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A company had the following purchases and sales during its first year of operations Purchases Sales January le units at $120 6 units February 20
A company had the following purchases and sales during its first year of operations Purchases Sales January le units at $120 6 units February 20 units at $125 5 units May : 15 units at $130 9 units September: 12 units at $135 8 units November 10 units at $110 13 units On December, there were 26 units remaining in ending inventory. Using the perpew FIFO Inventory costing method, what is the cost of the ending Inventory Assume will sales were made on the last day of the month)
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