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Casey Company's Beginning Inventory and Purchases During the Fiscal Year

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Casey Company's beginning inventory and purchases during the fiscal year ended December 31, 2012 were as follows: (NOTE: The company uses a perpetual system of inventory.)
Casey Company's beginning inventory and purchases during the fiscal year ended December 31, 2012 were as follows: (NOTE: The company uses a perpetual system of inventory.)     What is the ending inventory of Casey Company for 2012 using FIFO?
What is the ending inventory of Casey Company for 2012 using FIFO?

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$196
Calculation: Th...

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