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A company has the following purchases and sales during March. Using the FIFO perpetua/inventory method what was the cost of the 22 units sold? Date

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A company has the following purchases and sales during March. Using the FIFO perpetua/inventory method what was the cost of the 22 units sold? Date March 1 March 2 March 6 March 8 Units Sold at Retail Activities Beginning inventory Purchase Purchase Sales Units Acquired at Cost 10 units @ $39 = $390 10 units $41 = $410 6 units @ $44 - $264 22 units $73

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