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A company's inventory records report the following: Date Units Sold at Retail August 1 August 5 August 12 August 15 Activities Beginning inventory Purchase Purchase
A company's inventory records report the following: Date Units Sold at Retail August 1 August 5 August 12 August 15 Activities Beginning inventory Purchase Purchase Sales Units Acquired at Cost 15 units @ $18 = $270 10 units @ $19 = $190 20 units @ $20 = $400 30 units sold Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale
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