Inventory records for Dunbar Incorporated revealed the following:
Date Transaction Numb...
Inventory records for Dunbar Incorporated revealed the following:
Date Transaction Number of Units Unit Cost
Apr. 1 Beginning inventory 440 $ 2.49
Apr. 20 Purchase 420 2.72
Dunbar sold 590 units of inventory during the month. Ending inventory assuming FIFO would be (Do not round your intermediate calculations. Round your answer to the nearest dollar amount):
a) $672. b) $1,197. c) $734. d) $1,096.
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