(Answered) Question -pharoah company was formed on december 1 2016 the

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Pharoah Company was formed on December 1, 2016. The following information is available from Pharoah's inventory records for Product BAP.

	Units	Unit Cost
January 1, 2017	732	$8.00
Purchases:
January 5, 2017	1,464	9.00
January 25, 2017	1,586	10.00
February 16, 2017	976	11.00
March 26, 2017	732	12.00

A physical inventory on March 31, 2017, shows 1,952 units on hand.

Prepare schedule to compute the ending inventory at March 31, 2017, under FIFO inventory method.

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