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During the past year, Golden Zippers sold 631 bronze zippers. Inventory records for the year are as follows: DATE QUANTITY COST TOTAL January 1 Beginning
During the past year, Golden Zippers sold 631 bronze zippers. Inventory records for the year are as follows:
| DATE | QUANTITY | COST | TOTAL | |
| January 1 | Beginning Inventory | 150 | $28 | $ 4,200 |
| May 6 | Purchase | 250 | 29 | 7,250 |
| September 13 | Purchase | 200 | 32 | 6,400 |
| November 14 | Purchase | 350 | 40 | 14,000 |
| December 26 | Purchase | 100 | 50 | 5,000 |
| Total available for sale | 1,050 | $36,850 | ||
Using the FIFO method of inventory pricing, calculate the dollar value of the ending inventory.
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