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A company has inventory of 22 units at a cost of $12 each on August 1. On August 5, it purchased 17 units at $11
A company has inventory of 22 units at a cost of $12 each on August 1. On August 5, it purchased 17 units at $11 per unit. On August 12 it purchased 21 units at $12 per unit. On August 15, it sold 44 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale? Multiple Choice $212 5624 $528 $960 $192
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