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Consider the following information available for the inventory records of Company A for 2019 and 2020: 2019 purchases UNITS UNIT COST Batch 1 Batch

Consider the following information available for the inventory records of Company A for 2019 and 2020: 2019 purchases UNITS UNIT COST Batch 1 Batch 2 55,000 15 40,500 20 2020 purchases UNITS UNIT COST Batch 1 Batch 2 Units on hand as of: 85,000 25 93,000 20 December 31, 2019 39,000 December 31, 2020 55,500

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