A company reports the following merchandise purchases and sales for the month of May. Units Acquired at Cost 380 units @ $15 = $5,700 270 units @ $17 = $4,590 = 300 units @ $22 = $6,600 Date May 1 May 5 May 10 May 20 May 25 Periodic FIFO May 1 May 5 May 20 Activities Total Purchase Purchase Sales Purchase Sales There was no beginning inventory. If the company uses the FIFO periodic inventory method, what would be the cost of er inventory? Cost of Goods Available for Sale Cost of Goods Available for Sale # of units Cost per unit 380 $15.00 $ 270 $17.00 300 $22.00 950 FA $ 5,700 4,590 6,600 16,890 Cost of Goods Sold Cost per unit # of units sold 380 $ 15.00 TU 380 Units sold at Retail Cost of Goods Sold $ GA 5,700 400 units @ $50 5,700 400 units @ $50 Ending Inventory # of units in ending inventory Cost per unit Ending Inventory

A company reports the following merchandise purchases and sales for the month of May. There was no beginning inventory. If the company uses the FIFO periodic inventory method, what would be the cost of e inventory