Nu stiu methods The following represents the inventory of Benita Company for the month of April: April 1 Beginning Inventory 100 units @ $16 April 2 Sales 50 units April 3 Purchases 300 units @ $24 April 10 Sales 250 units April 21 Purchases 400 units @ $32 April 28 Sales 200 units Assuming a periodic inventory system is used by Benita Company, what is ending inventory under LIFO? A) $ 9,600 B) $13,200 C) $ 6,400 D) $ 8,400 Assuming a periodic inventory system is used by Benita Company, what is cost of goods sold under FIFO? A) $ 8,400 B) $ 9,600 C) $13,200 D) $12,000 Assuming a periodic inventory system is used by Benita Company, what is ending inventory under the Weighted-Average Cost method? A) $ 9,256 B) $15,500 C) $. 8,100 D) $13,500 4. The following data refer to Bear Company's ending inventory: Item code Small Medium Large Extra-Large Quantity 100 420 Unit Cost $228 152 168 268 Unit Market $232 176 176 256 600 220 How much is the inventory if the lower of cost or market rule is applied to each item of inventory? A) $252,640 B) $243,760 C) $265,440 D) None of the above