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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 450 $2.19 Apr. 20 Purchase 410
Inventory records for Dunbar Incorporated revealed the following:
Date | Transaction | Number of Units | Unit Cost |
Apr. 1 | Beginning inventory | 450 | $2.19 |
Apr. 20 | Purchase | 410 | 2.69 |
Dunbar sold 590 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): |
$726.
$591.
$1,103.
$986.
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