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AAA Company uses a periodic inventory system and has the following information regarding its inventory: Beginning inventory Purchase on January 25 Purchase on March 15

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AAA Company uses a periodic inventory system and has the following information regarding its inventory: Beginning inventory Purchase on January 25 Purchase on March 15 Purchase on October 2 Goods available for sale 350 units @ 14 450 units @ 15 350 units @ 16 550 units @ 17 $ 4,900 6,750 5,600 9,350 $ 26,600 There are 800 units in ending inventory. What is the amount of the ending inventory using the FIFO method? Multiple Choice $9,350 O $11,650 Multiple Choice $9,350 O $11,650 $13,350 $4,900

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