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P. Didee has the following inventory information. July 1 Beginning Inventory 20 units at $90 5 Purchases 120 units at $92 14 Sale 90 units

P. Didee has the following inventory information.

July 1 Beginning Inventory 20 units at $90

5 Purchases 120 units at $92

14 Sale 90 units

21 Purchases 60 units at $95

30 Sale 58 units

Assuming that a perpetual inventory system is used, what is the ending inventory on a FIFO basis?

A.
$4,744
B.
$5,860
C.
$4,940
D.
$6,346

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