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Bum Check my work 0 Exercise 5-9A (Algo) Effect of cost flow on ending Inventory: Intermittent sales and purchases LO 5-1 The Hat Store had
Bum Check my work 0 Exercise 5-9A (Algo) Effect of cost flow on ending Inventory: Intermittent sales and purchases LO 5-1 The Hat Store had the following series of transactions for Year 2: Date Transaction Description Jan. 1 Beginning inventory 65 units @ $20.50 Mar. 15 Purchased 210 units @ $24.50 May 30 Sold 170 units e $44.75 Aug. 10 Purchased 245 units @ $25.50 Nov. 20 Sold 335 units @ $44.75 Book int nces Required a. Determine the quantity and dollar amount of inventory at the end of the year, assuming The Hot Store uses the FIFO cost flow assumption and keeps perpetual records. (Round your intermediate and final answers to 2 decimal places.) Endingwentory 15 unt
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