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Gordon Company has the following data available: Units Sold Units Purchased 300 200 Unit Cost $20 $12 Transaction Beginning Inventory March 1 Purchase April 25
Gordon Company has the following data available: Units Sold Units Purchased 300 200 Unit Cost $20 $12 Transaction Beginning Inventory March 1 Purchase April 25 Sale June 10 Purchase July 20 Sale October 30 Purchase December 15 Sale 320 310 $14 200 330 $14 320 If Gordon Company uses a perpetual FIFO inventory system, the cost of ending inventory on December 31 is O A. $4,200 O B. $11,760 OC. $16,800 OD. $6,000
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