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Happy Company employs a periodic inventory system and and reported the following inventory information for the month of September: September 1 September 8 September 19
Happy Company employs a periodic inventory system and and reported the following inventory information for the month of September: September 1 September 8 September 19 September 24 September 29 Beginning inventory 3,800 units @ $22 cost per unit Purchased 2,700 units @ $39 cost per unit Purchased 1,500 units @ $17 cost per unit Purchased 2,200 units @ $44 cost per unit Purchased 3,100 units @ $29 cost per unit Happy Company sold 5,600 units of inventory to customers during the month of September Using the FIFO method, calculate the dollar amount of ending inventory shown on Happy Company's September 30 balance sheet
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