+ Ch 6: Homework Question 11 of 12 0/1 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. In its first month of operation, Tamarisk, Inc. purchased 190 units of inventory for $4, then 290 units for $5, and finally 230 units for $6. At the end of the month, 270 units remained, Compute the amount of phantom profit that would result if the company used FIFO rather than LIFO. Phantom pront $ 1650 eTextbook and Media Savc for Later Attempts: 2 of 3 used Submit