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Gordon Company has the following data available: Units Sold Units Purchased 400 220 Unit Cost $20 $12 340 Transaction Beginning Inventory March 1 Purchase April

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Gordon Company has the following data available: Units Sold Units Purchased 400 220 Unit Cost $20 $12 340 Transaction Beginning Inventory March 1 Purchase April 25 Sale June 10 Purchase July 20 Sale October 30 Purchase December 15 Sale 330 $14 240 320 $12 400 If Gordon Company uses a perpetual FIFO inventory system, the cost of ending inventory on December 31 is A. $5,800 B. $11,760 O C. $3,480 O D. $19,600

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