ABC Merchandising Company uses LIFO and the periodic inventory method and counts inventory at the end of every fiscal year. ABC has a 12/31 year end date. The following information is from Year 10 for one of the items that ABC stocks and sells:

Date	Units	Unit Cost	$ Value
Beginning Inventory, 1/1/Yr10	800	$ 5.00	$ 4,000
Purchases during Year 10	1,000	$12.00	$12,000

It is now December 15, Yr10 and all sales and shipments have occurred for Year 10. Inventory quantity on this date, 12/15/Yr10, is 600 units, determined by physical count.

1. Calculate the amount of Cost of Goods Sold for Year 10 that will be reported on the Year 10 income statement .

2. The unit cost for this item on December 15 and for the foreseeable future into Year 11 is $15 per unit. ABC has plenty of cash, ample storage space in its warehouse, and expects robust demand for this inventory item well into Year 11 and beyond. There is no chance that this product will spoil or become obsolete.

The CFO tells the Controller to find tax deductions since Year 10 is ABC's most profitable year and they are in a high tax paying position.

Calculate the number of units of inventory that ABC should purchase during the last two weeks of Year 10 to drive COGS to the highest amount possible