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A company had the following information regarding inventory # items cost per unit Beginning Balance 23 $10.00 232 Purchase: March 14 20 $10.50 210 Purchase:

A company had the following information regarding inventory

# items cost per unit

Beginning Balance 23 $10.00 232

Purchase: March 14 20 $10.50 210

Purchase: March 19 15 $11.00 165

Purchase: August 3 30 $11.50 345

Purchase: December 22 12 $12.50 150

If the ending inventory contained 25 items and the company uses FIFO, what is the value of ending inventory?

A. $251.00

B. $274.50

C. $299.50

D. $349.00

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