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Bonita Company's inventory records show the following data: Units Unit Cost Inventory, January 1 10900 $ 8.00 Purchases: June 18 8700 8.10 November 8 5700

Bonita Company's inventory records show the following data: Units Unit Cost Inventory, January 1 10900 $ 8.00 Purchases: June 18 8700 8.10 November 8 5700 5.00 A physical inventory on December 31 shows 5700 units on hand. Under the FIFO method, the December 31 inventory is

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