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At the start of the 4 th quarter, OXO had 450 units of Product X on hand at a cost of $9.00 per unit. During

At the start of the 4th quarter, OXO had 450 units of Product X on hand at a cost of $9.00 per unit. During the 4thquarter, OXO had the following transactions related to inventory.

October 2 Purchase 300 units at $9.50 per unit

October 30 Sold 400 units

November 20 Purchase 600 units at $10.00 per unit

December 2 Sold 550 units

Determine the cost of ending inventory at Dec 31st using LIFO perpetual:

$3,600

$3,650

$9,250

$8,900

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