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Metlock, Inc. has the following inventory data: July 1 Beginning inventory 54 units at $19 $1026 7 Purchases 189 units at $20 3780 22 Purchases

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Metlock, Inc. has the following inventory data: July 1 Beginning inventory 54 units at $19 $1026 7 Purchases 189 units at $20 3780 22 Purchases 27 units at $22 594 $5400 A physical count of merchandise Inventory on July 30 reveals that there are 90 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory $1800 $1746. $1854 $1980

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