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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning Inventory Apr.20 Purchase Number of Unito 500 400 Unit Cost $2.40 2.50

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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning Inventory Apr.20 Purchase Number of Unito 500 400 Unit Cost $2.40 2.50 Dunbar sold 700 units of inventory during the month. Ending inventory assuming LIFO would be: Multiple Choice $500 $490. CA7 Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning Inventory Apr. 20 Purchase Number of Units 500 400 Unit Cost $2.40 2.50 Dunbar sold 700 units of inventory during the month. Cost of goods sold assuming LIFO would be: Multiple Choice $1,730 $1.700 The following information pertains to Julia & Company March 1 Beginning inventory = 30 units @ $5 March 3 Purchased 15 units e $4 March 9 Sold 25 units @ $8 What is the ending inventory balance for Julia & Company assuming that it uses FIFO? Multiple Choice $125. $100. $110.

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