A company's inventory records indicate the following data for the month of January: Jan. 1 beginning...
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A company's inventory records indicate the following data for the month of January: Jan. 1 beginning Jan. 5 Jan. 9 sold Jan. 14 purchased Jan. 30 purchased Jan. 20 sold purchased 180 units at $9 each 170 units at $10 each 300 units at $35 each 200 units at $11 each 150 units at $35 each 230 units at $12 each If the company uses the last-in, first-out perpetual inventory system, what would be the cost of the ending inventory? A company's inventory records indicate the following data for the month of January: Jan. 1 beginning Jan. 5 Jan. 9 sold Jan. 14 purchased Jan. 30 purchased Jan. 20 sold purchased 180 units at $9 each 170 units at $10 each 300 units at $35 each 200 units at $11 each 150 units at $35 each 230 units at $12 each If the company uses the last-in, first-out perpetual inventory system, what would be the cost of the ending inventory?
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