# Math

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A sneaker outlet has made the following wholesale purchases of new running shoes: 12 pairs at \$45, 18 pairs at \$40 and 20 pairs at \$50. An inventory taken last week indicates that 23 pairs are still in stock. Calculate the cost of this inventory by FIFO.

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A sneaker outlet has made the following wholesale purchases of new running shoes: 12 pairs at \$45, 18 pairs at \$40 and 20 pairs at \$50. An inventory taken last week indicates that 23 pairs are still in stock. Calculate the cost of this inventory by FIF

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