Acompany uses the periodic inventory system. during its first year of operations, it made the following purchases (listed in chronological order): 160 units at $50 280 units at $40 680 units at $30 sales for the year totaled 1,080 units, leaving 40 units on hand at year end. ending inventory using the fifo method is: a. $1,300. b. $2,000. c. $1,414. d. $1,200.

In june, one of the processinthe assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units the assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units were in its ending work in process inventory