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Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1950 gallons @ $9.10 per gallon = $17,745 Purchases: Mar. 10 Mar. 16

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1950 gallons @ $9.10 per gallon = $17,745 Purchases: Mar. 10 Mar. 16 Mar. 23 Sales: 790 gals $ 9.15 Mar. 5 590 gals 990 gals @ $ 9.20 Mar. 14 890 gals 790 gals @ $ 9.25 Mar. 20 690 gals Mar. 26 890 gals The ending inventory assuming FIFO is: $13,392. $13,472. $13,412. $13,382

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