q11

The units of an item available for sale during the year were as follows:

Jan	1	Inventory	24	units at	128
April	15	Purchase	134	units at	115
September	9	Purchase	20	units at	128

There are 33 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the first-in, first-out (FIFO)