$\backslash$begin$\{$tabular$\}\{$llll$\}$

Date & $\backslash$multicolumn$\{1\}\{$c$\}\{$ Activities $\}$ & Units Acquired at Cost & Units Sold at Retail $\backslash \backslash$

April $1$ & Beginning inventory & $380$ units @ $\backslash (\backslash$$ $18=\backslash$$ $6,840\backslash )$ & $\backslash \backslash$

April $5$ & Purchase & $320$ units @ $\backslash (\backslash$$ $20=\backslash$$ $6,400\backslash )$ & $\backslash \backslash$

April $9$ & Sale & & $530$ units @ $\backslash (\backslash$$ $55\backslash )\backslash \backslash$

April $14$ & Purchase & $280$ units @ $\backslash (\backslash$$ $22=\backslash$$ $6,160\backslash )$ & $\backslash \backslash$

April $20$ & Sale & & $\backslash \backslash$

April $30$ & Purchase & $270$ units @ $\backslash (\backslash$$ $25=\backslash$$ $6,750\backslash )$ &

$\backslash$end$\{$tabular$\}$

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?

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline $\backslash$multirow$[$b$]\{2\}\{*\}\{$Date$\}$ & $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Goods purchased$\}$ & $\backslash$multicolumn$\{5\}\{|$c$|\}\{$Cost of Goods Sold$\}$ & $\backslash$multicolumn$\{5\}\{|$c$|\}\{$Inventory Balance$\}\backslash \backslash$

$\backslash$hline & $\backslash$multicolumn$\{2\}\{|$l$|\}\{$Number of units$\}$ & Cost per unit & $\backslash$multicolumn$\{2\}\{|$l$|\}\{$Number of units sold$\}$ & Cost per unit & $\backslash$multicolumn$\{2\}\{|$l$|\}\{$Cost of Goods Sold$\}$ & $\backslash$multicolumn$\{2\}\{|$l$|\}\{$Number of units$\}$ & Cost per unit & $\backslash$multicolumn$\{2\}\{|$r$|\}\{\backslash$begin$\{$tabular$\}\{$l$\}$

Inventory $\backslash \backslash$

Balance

$\backslash$end$\{$tabular$\}\}\backslash \backslash$

$\backslash$hline April $1$ & & & & & & & & & $380$ & at & $\backslash$$ $20\mathrm{.}00$ & $\backslash (=\backslash )$ & $\backslash$$ $7,600\mathrm{.}00\backslash \backslash$

$\backslash$hline $\backslash$multirow$\{2\}\{*\}\{$April $5\}$ & $320$ & at & $\backslash$$ $20\mathrm{.}00$ & & & & & & $380$ & at & $\backslash$$ $20\mathrm{.}00$ & $\backslash (=\backslash )$ & $\backslash$$ $7,600\mathrm{.}00\backslash \backslash$

$\backslash$hline & & & & & & & & & $320$ & at & $\backslash$$ $20\mathrm{.}00$ & $\backslash (=\backslash )$ & $6,400\mathrm{.}00\backslash \backslash$

$\backslash$hline Total April $5$ & & & & & & & & & & & & & $\backslash$$ $14,000\mathrm{.}00\backslash \backslash$

$\backslash$hline $\backslash$multirow$[$b$]\{2\}\{*\}\{$April $9\}$ & & & & $530$ & at & $\backslash$$ $20\mathrm{.}00$ & $=$ & $\backslash$$ $10,600\mathrm{.}00$ & & at & $\backslash$$ $20\mathrm{.}00$ & $=$ & $\backslash \backslash$

$\backslash$hline & & & & & at & $\backslash$$ $20\mathrm{.}00$ & $=$ & $0\mathrm{.}00$ & & & & & $\backslash \backslash$

$\backslash$hline Total April $9$ & & & & & & & & $\backslash$$ $10,600\mathrm{.}00$ & & & & & $\backslash \backslash$

$\backslash$hline $\backslash$multirow$[$b$]\{2\}\{*\}\{$April $14\}$ & & & & & & & & & & & & & $\backslash \backslash$

$\backslash$hline & & & & & & & & & & & & & $\backslash \backslash$

$\backslash$hline Total April $14$ & & & & & & & & & & & & & $\backslash \backslash$

$\backslash$hline $\backslash$multirow$[$b$]\{2\}\{*\}\{$April $20\}$ & & & & & & & & & & & & & $\backslash \backslash$

$\backslash$hline & & & & & & & & & & & & & $\backslash \backslash$

$\backslash$hline $\backslash$multirow$[$t$]\{2\}\{*\}\{$Total April $20\}$ & & & & & & & & & & & & & $\backslash \backslash$

$\backslash$hline & & & & & & & & & & & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

Prev

$1$ of $11$