A company made the following merchandise purchases and sales during the month of May:
There was no beginning inventory.If the company uses the FIFO periodic inventory method,what would be the cost of the ending inventory?

Question

A company made the following merchandise purchases and sales during the month of May:
  There was no beginning inventory.If the company uses the FIFO periodic inventory method,what would be the cost of the ending inventory?

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The Answer of A company made the following merchandise purchases and sales during the month of May:
  There was no beginning inventory.If the company uses the FIFO periodic inventory method,what would be the cost of the ending inventory?

A Company Made the Following Merchandise Purchases and Sales During