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During June, the following changes in inventory item 29 took place: June 1 Balance 14 Purchased 1,400 units @ SAR 24 900 units @ SAR

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During June, the following changes in inventory item 29 took place: June 1 Balance 14 Purchased 1,400 units @ SAR 24 900 units @ SAR 36 700 units @ SAR 30 24 Purchased 8 Sold 400 units @ SAR 50 10 Sold 1,00 units @ SAR 40 29 Sold 400 units @ SAR 44 Perpetual inventories are maintained in units only. Instructions What is the cost of the ending inventory for item 29 under FIFO method? (Show calculations.) III A For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI y S Paragraph Arial 10pt ABC v T - - + x X2 & & T TK 6 = = = JA E B | 05) E EX

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