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On January 1, 2024 Murphy's Grocery had a beginning Inventory of 10 units @ $12. On January 5 Murphy's purchased 15 units @ $13. By
On January 1, 2024 Murphy's Grocery had a beginning Inventory of 10 units @ $12. On January 5 Murphy's purchased 15 units @ $13. By January 15th Murphy's had sold 22 @ $15. On January 25 Murphy's ordered an additional 25 units @ $14. Assuming Murphy's uses First in, First Out inventory pricing, compute the month end cost of Inventory for Murphy's grocery.
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