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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr.1 Beginning inventory420$2.18 Apr.20Purchase3702.62 Dunbar sold 580 units of inventory

Inventory records for Dunbar Incorporated revealed the following:

Date Transaction Number of Units Unit

Cost Apr.1 Beginning inventory420$2.18

Apr.20Purchase3702.62

Dunbar sold 580 units of inventory during the month. Ending inventory assuming LIFO would be:(Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)

Multiple Choice

  • A: $969.
  • B: $458.
  • C: $916.
  • D $550.

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