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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 480 $2.39 Apr. 20 Purchase 450
Inventory records for Dunbar Incorporated revealed the following:
Date | Transaction | Number of Units | Unit Cost |
Apr. 1 | Beginning inventory | 480 | $2.39 |
Apr. 20 | Purchase | 450 | 2.71 |
Dunbar sold 630 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):
$1,147.
$717.
$1,301.
$813.
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