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Question 2 10 points The records of Amman Commercial Company show the following data: Date Units Inventory Purchase Purchase 01/01/2019 20/07/2019 20,000 18.000 12.000 Unit

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Question 2 10 points The records of Amman Commercial Company show the following data: Date Units Inventory Purchase Purchase 01/01/2019 20/07/2019 20,000 18.000 12.000 Unit Cost 9 8 7 22/11/2019 Note: on 31/12/2019 a periodic inventory system is used, and the units on hand (ending inventory) were 17.000 Instructions: 1. Under the FIFO method, the cost of ending inventory is A 124,000 B 116,000. C112.000. D. 144,000 3. Under the FIFO method, the Cost of Goods Sold is: A. 258.000 B 256,000 C. 284,000. D. 292.000 Ques Moving to another question will save this response 69 F Hare

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