A company's inventory records indicate the following data for the month of April: If the company uses the first-in,first-out (FIFO)method and the perpetual inventory system,what would be the cost of the ending inventory?

Question

A company's inventory records indicate the following data for the month of April:  If the company uses the first-in,first-out (FIFO)method and the perpetual inventory system,what would be the cost of the ending inventory?

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The Answer of A company's inventory records indicate the following data for the month of April:  If the company uses the first-in,first-out (FIFO)method and the perpetual inventory system,what would be the cost of the ending inventory?

A Company's Inventory Records Indicate the Following Data for the Month