17 1 points A company has the following purchases and sales during October. Using the FIFO periodic Inventory method, what is the value of the Inventory on October 15 after the sale? Date Activities Units Acquired at cost Units sold at Retail October 1 Beginning inventory 15 units @ $28 = $420 October 5 Purchase 10 units @ $29 = $290 October 12 Purchase 20 units @ $30 = $600 October 15 Sales 30 units sold eBook Print Multiple Choice References $300 $240 $450 O $780 $1.310 18 A company's Inventory records indicate the following data for the month of January Date Units sold at Retail Units Acquired at Cost 500 units @ $18 - $9,00 480 units @ $20 = $9,600 1 points Activities Beginning inventory Purchase Sale Purchase Sale Purchase January 1 January 8 January 12 January 17 January 23 January 28 880 units @ $70 540 units @ $22 = $11,880 370 units @ $70 6ee units @ $24 = $14,400 eBook , If the company uses the LIFO perpetual Inventory system, what would be the cost of the ending Inventory? Print References Multiple Choice O $8.140 O $19.940 O $19.500 O $23.920 $24.940