The Following Data Are Available for the Month of April $\text {April 1 inventory }$

question 48

Essay

The following data are available for the month of April for Gore Company: $\text {April 1 inventory }$$\quad 120$ $\text {units at \( \$ 8.15 \) each}$
$\text {April 10 purchase}$ $\quad 200$ $\text {units at \( \$ 8.20 \) each}$
$\text {April 20 purchase}$ $\quad 410$$\text { units at \( \$ 8.40 \) each}$
$\text {April 25 purchase}$ $\quad 310$ $\text {units at \( \$ 8.50 \) each}$
Gore sold 630 units during April.
Compute the value of ending inventory under FIFO. Assume a periodic inventory system.

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