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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 520 $ 2.33 Apr. 20 Purchase

Inventory records for Dunbar Incorporated revealed the following:

Date Transaction Number of Units Unit Cost
Apr. 1 Beginning inventory 520 $ 2.33
Apr. 20 Purchase 320 2.60

Dunbar sold 620 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.)

  • $1,445.

  • $1,531.

  • $1,065.

  • $1,472.

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