View Policies Date Current Attempt in Progress Concord Bookstore had 480 units on hand at January 1, costing $8 each. Purchases and sales during the month of January were as follows: Jan. 14 17 25 29 OT 40 O $3200. $3840. O $2560. $3300. eTextbook Purchases 270 @ $12 270 @ $10 Sales J 420 @ $13 Concord does not maintain perpetual inventory records. According to a physical count, 320 units were on hand at January 31. The cost of the inventory at January 31, under the FIFO method is: -/3.75 280 @ $16 ***

Concord Bookstore had 480 units on hand at January 1. costing $8 each. Purchases and sales during the month of Jamuary were as followes Concord does not maintain perpetual iwentory records: According to a physical count, 320 units were on hand at January 31 The cost of the inveritory at January 31, under the FIFO method is $3200. $3840 $2560 53300