Acompany had inventory on november 1 of 5 units at a cost of $20 each. on november 2, they purchased 10 units at $22 each. on november 6, they purchased 6 units at $25 each. on november 8, 8 units were sold for $55 each. using the fifo perpetual inventory method, what was the value of the inventory on november 8 after the sale?

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."