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Inventory records for ABC Company revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 460 $ 2.39 Apr. 20 Purchase

Inventory records for ABC Company revealed the following:

Date Transaction Number of Units Unit Cost
Apr. 1 Beginning inventory 460 $ 2.39
Apr. 20 Purchase 330 2.55

ABC sold 600 units of inventory during the month. Cost of goods sold assuming LIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)

Multiple Choice

  • $1,176.

  • $1,487.

  • $1,434.

  • $1,456.

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