Cincinnati Food Supply Co. is a major supplier to Kraft Foods. They had inventory of 300 units at a cost of $10 each on October 1. On October 2, they purchased 200 units at $12 each. On October 4, they purchased an additional 140 units at $14. On October 6, 480 units were sold. Using the LAST- IN, FIRST-OUT (LIFO) inventory method, what amount will be reported in ending inventory for the units that remained in inventory after the October 6 sale? $1,840 $2,200 $1,920 O $2,010 O $1,600

Cincinnati Food Supply Co, is a major supplier to Kraft Foods. They had inventory of 300 units at a cost of $10 each on October 1 . On October 2 , they purchased 200 units at $12 each. On October 4 , they purchased an additional 140 units at $14. On October 6,480 units were sold. Using the LASTIN. FIRST-OUT (LIFO) inventory method, what amount will be reported in ending inventory for the units that remained in inventory after the October 6 sale? $1,840 $2,200 $1,920 $2,010 $1,600