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The following lots of a particular commodity were available for sale during the year Beginning inventory 9 units at $48.00 First purchase 16 units at

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The following lots of a particular commodity were available for sale during the year Beginning inventory 9 units at $48.00 First purchase 16 units at $50.00 Second purchase 20 units at $57.00 Third purchase 15 units at $59.00 The firm uses the periodic system, and there are 22 units of the commodity on hand at the end of the year. What is the amount of inventory at the end of the year according to the FIFO method? Select the correct answer 33.235.00 83.257.00 $1,28400 51,036.00

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