Description Units Cost Unit ($) Total Cost ($) Beginning Inv 200 5 Jan Purchase 300 6 Mar Purchase 400 7 Total Sales 700 Ending Inventory Calculate the ending inventory value using the FIFO method

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Description Units Cost/Unit ($) Total Cost ($) Beginning Inv 200 5 ? Jan Purchase 300 6 ? Mar Purchase 400 7 ? Total Sales -700

Description Units Cost/Unit ($) Total Cost ($)
Beginning Inv 200 5 ?
Jan Purchase 300 6 ?
Mar Purchase 400 7 ?
Total Sales -700 - -
Ending Inventory ? - -
Calculate the ending inventory value using the FIFO method.

Description	Units	Cost/Unit ($)	Total Cost ($)
Beginning Inv	200	5	?
Jan Purchase	300	6	?
Mar Purchase	400	7	?
Total Sales	-700	-	-
Ending Inventory	?	-	-

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