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Jackson Company employs a periodic inventory system and sells its inventory to customers for $22 per unit. Jackson Company had the following inventory information available
Jackson Company employs a periodic inventory system and sells its inventory to customers for $22 per unit. Jackson Company had the following inventory information available for the month of September: September eginning inventory 1,200 units e $15 cost per unit September 8 Sold 900 units September 13 Purchased 1,300 units $10 cost per unit September 18 Sold 800 units September 20 Purchased 2,100 units $24 cost per unit September 24 Sold 1,400 units September 27 Purchased 2,400 units$11 cost per unit September 29 Sold 600 units During September, Jackson Company reported operating expenses of $4,000 and had an income tax rate of 35% Calculate the dollar amount of ending inventory shown on Jackson Company's September 30 balance sheet using the LIFO method. Do not use decimals in your
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