Jade Increcorded the Following Information Pertaining to Its Inventory for the the Month

Essay

Jade Inc.recorded the following information pertaining to its inventory for the month of January: $$\begin{array} { r l l } 1 & \text { Inventory } & 80 \text { units at } \$ 20 \text { each } \\18 & \text { Purchase } & 150 \text { units at } \$ 25 \text { each } \\& \text { Sales } & 106 \text { units }\end{array}$$ ​
The business uses the first-in, first-out inventory costing method.Determine the cost of the inventory on hand at the end of January.