Jean's Pet Toys and Supplies began business on July 1, 2022 and made the following four...

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Jean's Pet Toys and Supplies began business on July 1, 2022 and made the following four inventory purchases in July: July 1 July 10 July 15 July 28 Units Purchased X 1,305 Cost $780 1,170 1,260 990 $4,200 A physical count of inventory on July 31 reveals that there are 200 units on hand. Use the FIFO inventory method to calculate July's cost of Ending Inventory. (Include two decimal places in your answer; do not include a $ sign) Unit Cost $5.20 $5.85 $6.30 $6.60 150 units 200 units 200 units 150 units Total Jean's Pet Toys and Supplies began business on July 1, 2022 and made the following four inventory purchases in July: July 1 July 10 July 15 July 28 Units Purchased X 1,305 Cost $780 1,170 1,260 990 $4,200 A physical count of inventory on July 31 reveals that there are 200 units on hand. Use the FIFO inventory method to calculate July's cost of Ending Inventory. (Include two decimal places in your answer; do not include a $ sign) Unit Cost $5.20 $5.85 $6.30 $6.60 150 units 200 units 200 units 150 units Total

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Cost of Goods Sold Using FIFO Method Goods available For sale Purcha ses July 1 July 10 July 15 July 28 Units 150 200 200 150 Total 700 Cost p er Unit Explanation 520 585 630 660 Cost Goo ds availa ble For sa ... View the full answer