The units of an item available for sale during the year were as follows: Jan 1...

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The units of an item available for sale during the year were as follows: Jan 1 Inventory 17 units at 121 April 15 Purchase 134 units at 116 September 9 Purchase 27 units at 130 There are 53 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the first-in, first-out (FIFO) The units of an item available for sale during the year were as follows: Jan 1 Inventory 17 units at 121 April 15 Purchase 134 units at 116 September 9 Purchase 27 units at 130 There are 53 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the first-in, first-out (FIFO)