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Multiple Choice Question 94 Sheffield Shutters has the following inventory information. Nov. 1 8 17 25 Inventory Purchase Purchase Purchase 30 units @ $7 100

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Multiple Choice Question 94 Sheffield Shutters has the following inventory information. Nov. 1 8 17 25 Inventory Purchase Purchase Purchase 30 units @ $7 100 units @ $8.0 60 units @ $8.0 110 units @ $8.0 A physical count of merchandise inventory on November 30 reveals that there are 110 units on hand. Assume a periodic inventory system is used. Ending inventory under FIFO is $1828. $880. $1882. O $850

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