Question: calculate ending inventory using FIFo and moving method The following information is for the inventory of mini-kettles at Flounder Company Limited for the month of

calculate ending inventory using FIFo and moving method

of May. 12Purchase4005.002,000 15 Sale 2408.001,920 18 Purchase 3205.101,632 22 Sale 4007.603.040

The following information is for the inventory of mini-kettles at Flounder Company Limited for the month of May. 12Purchase4005.002,000 15 Sale 2408.001,920 18 Purchase 3205.101,632 22 Sale 4007.603.040 25 Purchase 5304.402,332 Totals 2,190 $10,1801.540 7.60$11,7341.824 ssuming that the perpetual inventory method is used, calculate the inventory cost at May 31 under FIFO. Ending inventory

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