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Time left 0:51:36 11 Neighborly Industries has the following inventory information. July 1 Beginning Inventory 30 units at $60 ed out of 5 Purchases 180

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Time left 0:51:36 11 Neighborly Industries has the following inventory information. July 1 Beginning Inventory 30 units at $60 ed out of 5 Purchases 180 units at $56 14 Sale 120 units question 21 Purchases 90 units at $57.50 30 Sale 84 units Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a FIFO basis? $5,496 Ob $5,511 $11,544 Od $11,559

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