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The annual inventory of Bargain Bonanza, Inc. shows the following information for jackets: Date Qty Cost Total Cost January 1 Beginning Inventory 400 $48 $19,200

The annual inventory of Bargain Bonanza, Inc. shows the following information for jackets:

Date Qty Cost Total Cost
January 1 Beginning Inventory 400 $48 $19,200
February 14 Purchase 150 41 6,150
July 13 Purchase 250 48 12,000
September 2 Purchase 400 67 26,800
October 8 Purchase 200 56 11,200
Total available for sale 1,400 $75,350

If 909 jackets were on hand on December 31, find the value (in $) of the ending inventory using the FIFO method of inventory pricing?

$

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