Inventory records for dunbar incorporated revealed the following:

date transaction number of units unit cost
apr. 1 beginning inventory 500 $2.40
apr. 20 purchase 400 2.50

dunbar sold 700 units of inventory during the month. ending inventory assuming fifo would be:

Ask your question to the AI advisor

Ai-bot is an expert in any field and is the perfect companion for reliable and useful answers and advice on a variety of topics, including science, history, technology, art, sports, health, culture and more.