The annual inventory of Bargain Bonanza, Inc. shows the following information for jackets: Date $ January 1 February 14 July 13 September 2 October 8 Beginning Inventory Purchase Purchase Purchase Purchase Total available for sale Qty Cost 400 $48 150 250 400 200 1,400 41 52 56 Total Cost $19,200 6,150 13,000 28,400 11,200 $77,950 If 937 jackets were on hand on December 31, find the value (in $) of the ending inventory using the FIFO method of inventory pricing? 14 15 16 17 18 19

If 937 jackets were on hand on December 31 , find the value (in $) of the ending inventory using the FIFO method of inventory pricing