nts vledge Assume that we use a perpetual inventory system and that five identical units are purchased at the following dates and costs: April 5 April 10 $ 10 $ 12 $ 14 April 15 April 20 April 22 $16 $ 17 One unit is sold on April 25. The company uses the first-in, first-out (FIFO) inventory costing method. Identify the cost of the ending inventory on the balance sheet. Answer is complete but not entirely correct. Cost of the ending inventory. $ 0x W

Assume that we use a perpetual inventory system and that five identical units are purchased at the following dates and costs One unit is sold on April 25. The company uses the first-in, first-out (FIFO) inventory costing method Identify the cost of the ending inventory on the balance sheet