A company's inventory records indicate the following data for the month of April: April 1 beginning 350
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Question:
A company's inventory records indicate the following data for the month of April: April 1 beginning 350 units at $18 each April 5 purchase 290 units at $20 each April 9 sale April 14 purchase 250 units at $22 each April 20 sale 200 units at $55 each April 30 purchase 240 units at $25 each If the company uses the first-in, frst-out (FIFo) method and the perpetual inventory system, what would be the cost of the ending inventory?
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