Question: Question 10 Use the information below to answer the following questions Boxwood Company sells blankets for 560 each. The following was taken from the inventory

Question 10 Use the information below to answer the following questions Boxwood Company sells blankets for 560 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Date Blankets Units Cost May 3 Purchase S $20 10 Sale 3 17 Purchase 10 26 20 6 Salc 23 Sale 3 30 Purchase 10 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 Ca. 5372 b.5324 5378 0.5364

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