Swifty Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 5 sets at $655 each. On January 10, Swifty purchased 8 units at $730 each. The company sold 2 units on January 8 and 4 units on January 15. (a) Compute the ending inventory under FIFO. The ending inventory $ FIFO

Swifty Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 5 sets at $655 each. On January 10 , Swifty purchased 8 units at $730 each. The company sold 2 units on January 8 and 4 units on January 15. (a) Compute the ending inventory under FIFO