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Purchases Invoices

$\backslash$table$[[\frac{\text{M}\text{o}\text{d}\text{e}\text{l}}{A10},\backslash$table$[[$Inventory$,],[$January $1]],1$st$,2$nd$,3$rd$,\backslash$table$[[$Inventory Count,$],[$December $31$

Periodic Inventory by Three Methods

Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January $1,$ purchases invoices during the next $12$ months, and the inventory count at December $31$ are summarized as follows:

Purchases Invoices

$\backslash$table$[[\frac{\text{M}\text{o}\text{d}\text{e}\text{l}}{A10},\{$

$\backslash$table$[[$Inventory$,],[$January $1]]\},,,,,,,\backslash$table$[[$Inventory Count,$],[$December $31]]],[1s,,2n,,3r,],[-,,4$ at$,$$$64,4$ at$,$$$70,4$ at$,$$$76,6],[$B$15,8$ at$,$$$176,4$ at$,158,3$ at$,170,6$ at$,184,8],[$E$60,3$ at$,75,3$ at$,65,15$ at$,68,9$ at$,70,5],[$G$83,7$ at$,242,6$ at$,250,5$ at$,260,10$ at$,259,9],[J34,12$ at$,240,10$ at$,246,16$ at$,267,16$ at$,270,15],[$M$90,2$ at$,108,2$ at$,110,3$ at$,128,3$ at$,130,5],[$Q$70,5$ at$,160,4$ at$,170,4$ at$,175,7$ at$,180,8]]$

Required:

Determine the cost of the inventory on December $31$ by the first$-$in$,$ first$-$out method.

If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the units PURCHASED MOST RECENTLY first.