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How much is the raw materials inventory ending

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Reference no: EM133093425

Question - Beautiful Company had the following purchases and issuance during the month of January 2021:

January 1 Beginning balance: 750 unit @ 20

January 3 Purchased 500 units @ 19.50

January 5 Issued 800 units

January 10 Purchased 500 units @ 21.50

January 12 Issued 500 units

January 26 Purchased 300 units @ 22

January 30 Issued 200 units

Required - Using FIFO, how much is the Raw Materials Inventory ending?

Reference no: EM133093425

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