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Following is the information by matrix co. related to first week of Jan 2021. The transactions in connection with materials are as follows: Date Receipts

Following is the information by matrix co. related to first week of Jan 2021. The transactions in connection with materials are as follows: Date Receipts Units Issues Rate UNITS 01-Jan 50 14 02-Jan 25 15 03-Jan 35 04-Jan 30 15.50 05-Jan 15 06-Jan 25 Use FILO to compute: A Cost of Issuing Inventory B. Closing Inventory Balance

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