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A wholesaler had an opening inventory of 750 units of Geronimo valued at 80 each on 1st February. The following receipts and sales were recorded

A wholesaler had an opening inventory of 750 units of Geronimo valued at 80 each on 1st February.

The following receipts and sales were recorded during February:

4FebruaryReceived 180 units at a cost of 85 per unit.

18FebruaryReceived 90 units at a cost of 90 per unit

24FebruarySold 852 units at a p[rice of 110 per unit

Using the FIFO valuation method, what was the cost of the units of geronimo sold on 24 February?

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