Perpetual FIFO
A record of transactions for the month of May is as follows:

Assuming that perpetual inventory records are kept in dollars, calculate the ending inventory using FIFO.

Question

Perpetual FIFO
A record of transactions for the month of May is as follows:
 
Assuming that perpetual inventory records are kept in dollars, calculate the ending inventory using FIFO.

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The Answer of Perpetual FIFO
A record of transactions for the month of May is as follows:
 
Assuming that perpetual inventory records are kept in dollars, calculate the ending inventory using FIFO.

Perpetual FIFO A Record of Transactions for the Month of May Is