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33. Dogwood Company has the following inventory data: July 1 7 Beginning inventory 20 units at $19 Purchases 70 units at $20 10 units at

33. Dogwood Company has the following inventory data: July 1 7 Beginning inventory 20 units at $19 Purchases 70 units at $20 10 units at $22 $ 380 1,400 Purchases 22 220 $2,000 A physical count of merchandise inventory on July 30 reveals that there are 32 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for July is A) $620. B) $660. C) $1,340. D) $1,380

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