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Current Attempt in Progress Marigold Bookstore had 550 units on hand at January 1, costing $8 each. Purchases and sales during the month of January

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Current Attempt in Progress Marigold Bookstore had 550 units on hand at January 1, costing $8 each. Purchases and sales during the month of January were as follo Date Jan. 14 Purchases Sales 410 $14 17 290 $10 290 $11 25 29 250 $15 Marigold does not maintain perpetual inventory records. According to a physical count, 470 units were on hand at January 31. The cost of the inventory at January 31, under the FIFO method is: 54700 $5170 14990

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