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Inventory records for a company revealed the following Date Transaction # of units Unit cost Mar. 1 Beginning inventory 1090 7.27 Mar. 10 purchase 540

Inventory records for a company revealed the following

Date Transaction # of units Unit cost
Mar. 1 Beginning inventory 1090 7.27
Mar. 10 purchase 540 7.77
Mar 16 purchase 389 8.37
Mar 23 purchse 510 9.07

The company sold 1890 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar.)

a. 3036

b. 7924

c. 1340

d. 5705

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