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Wolverine Company has the following: Units Inventory, Jan. 1 8,000 Unit Cost $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 They
Wolverine Company has the following: Units Inventory, Jan. 1 8,000 Unit Cost $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 They have 9,000 units on hand at year-end. What is the cost of the year-end inventory using the FIFO method? Write your answer without $ signs, with commas (e.g., 43,000)
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