18. Co. F has the following units of beginning inventory and purchases for the year: beginning inventory 100 units at $20 each, a 2/28 Purchase 200 units at $40 each and a 6/15 purchase of 200 units at $50 each and a 12/15 purchase of 100 units at $70 each. Using the LIFO method, if the ending inventory is 200 units, what is the cost of the ending inventory?

		A. 14,000
		B. 12,000
		C. 7,000
		D. 6,000
		E. None of the above

19. Co. C has the following units of beginning inventory and purchases for the year: beginning inventory 300 units at $20 each and a 2/28 Purchase 300 units at $40 each. Using the FIFO method, if the ending inventory is 100 units, what is the cost of the ending inventory?

		A. 12,000
		B. 8,000
		C. 6,000
		D. 4,000
		E. None of the above

20. Co. X has the following beginning inventory, purchases and ending inventory: Beginning inventory 100 units at $10 each, Purchase 6/1 200 units at $15 each, Purchase 9/1 200 units @ 20 each, and ending inventory 400 units. How many units did Co. X have available for sale during the year?

		A. 900
		B. 600
		C. 500
		D. 400
		E. None of the above