Zimmerman Corp. had 1 500 units of part M.O. on hand May 1 2010 costing $21 each.

Zimmerman Corp. had 1 500 units of part M.O. on hand May 1 2010 costing $21 each. Purchases of part M.O. during May were as follows.UnitsUnit CostMay 9 2 000 $22.0017 3 500 23.0026 1 000 24.00A physical count on May 31 2010 shows 2 000 units of part M.O. on hand. Using the FIFO method what is t…