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Garland's Office Depot sells office furniture. The company's fiscal year ends on March 31, 2023. On January 1, 2023, inventory consisted of 19 office dividers

Garland's Office Depot sells office furniture. The company's fiscal year ends on March 31, 2023. On January 1, 2023, inventory consisted of 19 office dividers that cost $1790 each. Assume that the company uses a perpetual inventory system and that purchases of inventory occur on the first day of each month.

Determine the cost of the divider ending inventory at March 31, 2023, under FIFO costing.

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Garland's Oflice Depot sells office furniture. The company's fiscal year ends on March 31,2023 . On January 1, 2023, inventory consisted of 19 office dlviders that cost $1,790 each. Assume that the comparny uses a perpetual inventory system and that purchases of invertory occur on the first day of each month. (Click the icon to view the purchase and sale information.) Required 1. Determine the cost of the Purchases and Sales Prepare the perpetual inventory record under FIFO. (Enter the oldest inventory layer first.)

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