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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 410 $ 2.49 Apr. 20 Purchase

Inventory records for Dunbar Incorporated revealed the following:

Date Transaction Number of Units Unit Cost
Apr. 1 Beginning inventory 410 $ 2.49
Apr. 20 Purchase 440 2.66

Dunbar sold 590 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 amount.)

Multiple Choice

  • $647.

  • $1,091.

  • $692.

  • $1,021.

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