Concord Corporation has the following inventory data:

July 1 Beginning inventory 24 units at $15

7 Purchases 84 units at $16

22 Purchases 12 units at $18

A physical count of merchandise inventory on July 30 reveals that there are 38 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for July is

Question 36 options:

	$584
	$632
	$570
	$608