January: 10 units at $120 6 units February: 20 units at $1255 units May September:12...
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Accounting
January: 10 units at $120 6 units February: 20 units at $1255 units May September:12 units at $135 8 units 15 units at $130 9 units November: 10 units at $140 3 units On December 31, there were 26 units remaining in ending inventory, Using the Periodic FIFO inventory valuation method, what is the cost the ending inventory? (Assume all sales were made on the last day of the month.)
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