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Exhibito-3 Davis Co. had the following inventory activity during April: Unit Cost $ 8 12 Beginning inventory Purchase (April 3) Sale (April 10) Purchase (April

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Exhibito-3 Davis Co. had the following inventory activity during April: Unit Cost $ 8 12 Beginning inventory Purchase (April 3) Sale (April 10) Purchase (April 18) Purchase (April 23) Sale (April 28) Units 100 60 80 50 80 100 15 18 93 Refer to Exhibit-3. Assuming Davis uses a periodic FIFO cost flow assumption, ending inventory at April 30 would be a $880 b. $920 c. $1,090 d. $1,890 24 Refer to Exhibit 3. Assuming Davis uses a periodic LIFO cost flow assumption, ending invent April 30 would be S880 b. $920 c. S1090 d. $1,890 21 Refer to Exhibit 3. Assuming Davis uses a perpetual LIFO et low sesumption, ending inventory April 30 would be $890 b $920 51,090 d. S1.890

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