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Swifty Corporation uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows: Units Per unit price
Swifty Corporation uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows: Units Per unit price Total Balance 1/1/2022 230 $ 4.00 $ 920 110 4.00 440 Purchase, 1/15/2022 Purchase, 1/28/2022 110 4.20 462 An end of the month (1/31/2022) inventory showed that 180 units were on hand. If the company uses FIFO, what is the value of the ending inventory? O $720 O $742 $756 O $ 1080
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