18. cm Johnson Bookstore had 200 units of inventory on hand at March 1. costing $10 Purchases and sales during the month of March were as follows: Date March 5 Purchases Sales 100 @ $15 200 @ $11 20 150 @ $12 250 @ $16 Johnson does not maintain perpetual inventory records. According to a physical count, 200 units were on hand at March 31. The cost of the inventory at March 31, under the FIFO method is: a. $2.285. b. $2,350. C. $2.680. d. $2.920. 19. Alesha's Bookstore had 400 units of inventory on hand at October 1, costing $8 each. Purchases and sales during the month of October were as follows: Date Purchases Sales Oct. 10 350 @ $12 150 @ $10 200 @ $11 28 240 @ $14 15 25 Aiesha's does not maintain perpetual inventory records. According to a physical count, 160 units were on hand at October 31. The cost of the inventory at October 31, under the LIFO method is: a. $1,200 b. $1,280. C. $1,800. d. $1,965