Maduro Ltd. uses a perpetual inventory system. It has the following quantities and unit costs for one of its inventory items for the month of May: May 1: Beginning inventory, 1,000 units at $20 per unit Purchased 1,200 units at $23 per unit May 9: May 12: Sold 2,100 units at $40 each May 22: Purchased 800 units at $25 per unit 3. What would be the cost of ending inventory if Maduro uses the FIFO method? B. $22,500. C $22,300. D. $36,000. A. $18,000.

Maduro Ltd. uses a perpetual inventory system. It has the following quantities and unit costs for one of its inventory items for the month of May: May 1: Beginning inventory, 1,000 units at \\( \\$ 20 \\) per unit May 9. Purchased 1,200 units at \\( \\$ 23 \\) per unit May 12: Sold 2,100 units at \\( \\$ 40 \\) each May 22: Purchased 800 units at \\( \\$ 25 \\) per unit 3. What would be the cost of ending inventory if Maduro uses the FIFO method? A. \\( \\$ 18,000 \\). B. \\( \\$ 22,500 \\). C. \\( \\$ 22,300 \\). D. \\( \\$ 36,000 \\)