6) Thelen's inventory records show the following data at January 31: Beginning inventory Jan. 1 90 units at $9 per unit Jan. 10 purchase 280 units $12 per unit Jan. 22 purchase 90 units at $13 per unit At January 31, 240 units are still on hand. What is the cost of the ending inventory at January 31 if Thelen uses the LIFO method? A) $2,160 B) $2,610 C) $3,120 D) $2,760 7) The following data was extracted from the records of Today Company: Sales revenue 600 units at $45 per unit Beginning inventory 110 units at $24 per unit Purchases 1600 units at $35 per unit What is the gross profit using the LIFO method? A) $6,000 B) $24,360 C) $21,000 D) $27,000 8) The following data are for Steve's Candy Store for January: Beginning inventory $181,000 Net sales revenue Net purchases $530,000 Normal gross profit rate $610,000 40% What is the company's estimated ending inventory for the month? A) $345,000 B) $244,000 C) $366,000 D) $467,000