acobs Company had an inventory of 15 units at a cost of $12 each on June 1. On June 5, 10 units were purchased at $13 per unit. On June 12, 20 units were purchased at $14 per unit. On June 17, 30 units were sold. Using FIFO, what is the value of the inventory on June 17 after the sale

James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a: