Question: Concord Shutters has the following inventory information. Nov. 1 Inventory 5 0 units@ 8 Purchase 1 1 0 units @ $ 8 . 3 0

Concord Shutters has the following inventory information. Nov. 1 Inventory 50 units@ 8 Purchase 110 units @ $8.3017 Purchase 80 units @ $8.4025 Purchase 110 units@$8.80 A physical count of merchandise inventory on November 30 reveals that there are 110 units on hand. Assume a periodic inventory system is used. Ending inventory under FIFO is

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