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The following lots of Commodity were available for safe during the year Beginning inventory 1 1 units at $ 5 2 First purchase 1 7

The following lots of Commodity were available for safe during the year Beginning inventory 11 units at $52 First purchase 17 units at $55 Second purchase 20 units at $55 Third purchase 18 units at $64 The firm uses the periodic inventory system , and there are 21 units of the commodity on hand at the end of the year . What is the ending inventory balance of Commodity Z using FIFO? $3.738 $3.759\$1.0921.317

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