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Gordon Company has the following data available: Transaction Units Purchased Unit Cost Units Sold Beginning Inventory 300 $10 March 1 Purchase 200 $12 April 25
Gordon Company has the following data available:
Transaction | Units Purchased | Unit Cost | Units Sold |
Beginning Inventory | 300 | $10 | |
March 1 Purchase | 200 | $12 | |
April 25 Sale | 320 | ||
June 10 Purchase | 330 | $14 | |
July 20 Sale | 240 | ||
October 30 Purchase | 310 | $14 | |
December 15 Sale | 390 |
If Gordon Company uses a perpetual FIFO inventory system, the cost of ending inventory on December 31 is ________.
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