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ABC Company had the following purchases and sales information: Purchases 10 units at $125 January: February: May: November: 15 units at $110 15 units at
ABC Company had the following purchases and sales information: Purchases 10 units at $125 January: February: May: November: 15 units at $110 15 units at $140 Sales 9 units Using the FIFO inventory costing method, what is the cost of the ending inventory on 30 November? A. $1,215 B. $3,400 C. $3,875 D. $2,185
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