Question: can you explain this step by step and make it easy to understand please can you please help me with #49. I know that the

can you explain this step by step and make it easy to understand please

can you please help me with \#49. I know that the answer is B. $372, but I do not understand how to get this answer. Use the information below to answer the following questions. Boxwood Company sells blankets for $60 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. 49. Assuming that the company uses the perpetual inventory system, determine the ending inventory value for the month of May using the FIFO inventory cost method. a. $364 b. $372 c. $324 d. $320

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