A company had inventory on november 1 of 18 units at a cost

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A company had inventory on November 1 of 18 units at a cost of $22 each. On November 2, they purchased 23 units at $23 each. On November 6, they purchased 19 units at $25 each. On November 8, 21 units were sold for $34 each. Using the FIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale?A company had inventory on November 1 of 18 units at a cost of $22 each. On November 2, they purchased 23 units at $23 each. On November 6, they purchased 19 units at $25 each. On November 8, 21 units were sold for $34 each. Using the FIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale?

Reference no: EM13589451

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