A physical inventory on December 31 shows 3,000 units on hand. Henri sells the units for $12 each. The company has an effective tax rate of 20%. Henri uses the periodic inventory method. The weighted average cost per unit is Fase 15 OT 25 gavi Question 15 (4 points) Quayle Bookstore had 500 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as follows: Date Purchases Sales Jan. 14 380 @ $15 17 250 @ $10 25 250 @ $12 260 @ $17 29 Ryar 1/2 JO Quayle does not maintain perpetual inventory records. According to a physical count, 360 units were on hand at January 31. The cost of the inventory at January 31, under the LIFO method is: $3,650. $3,240. $3,820 $4,100 Dag 15 of 25