Inventory records for Eliza Company revealed the following:…
Inventory records for Eliza Company revealed the following: DateTransactionNumber of UnitsUnit CostMarch 1Beginning Inventory950$ 7.11March 10Purchase5007.61March 16Purchase4428.21March 23Purchase5008.91 Eliza sold 1,780 units of inventory during the month. Ending inventory assuming FIFO would be:Note: Do not round your intermediate calculations. Round your answer to the nearest dollar amount.