QUESTION 9 On January 1, 2015 Gator Corporation had 1,000 units in inventory at a cost of $9 per unit During 2015 Gator Corporation purchased 2,000 units (Lot 1 the first units purchased during the year) at a cost of $9 50 per unit, 1,500 units (Lot 2) at a cost of $8 per unit, 2,500 units (Lot 3) at a cost of $7 per unit, and 2,000 units (Lot 4) at a cost of $8 50 per unit The company sold 7,500 units during 2015 at a sales price of $12 per unit If Gator Corporation uses a periodic inventory system and the first in first out (FIFO) method, then what is the company's ending inventory on December 31, 2015 O a $13,500 O b $13,250 O c $13,000 d $12,750 e $12,250

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QUESTION 9 On January 1, 2015 Gator Corporation had 1,000 units in inventory at a cost of $9 per unit  During 2015 Gator Corporation purchased 2,000 units (Lot  1   the first units purchased during the year) at a cost of $9 50 per unit, 1,500 units (Lot  2) at a cost of $8 per unit, 2,500 units (Lot  3) at a cost of $7 per unit, and 2,000 units (Lot  4) at a cost of $8 50 per unit  The company sold 7,500 units during 2015 at a sales price of $12 per unit  If Gator Corporation uses a periodic inventory system and the first in first out (FIFO) method, then what is the company's ending inventory on December 31, 2015  O a  $13,500 O b  $13,250 O c  $13,000 d  $12,750 e  $12,250

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QUESTION 9 On January 1, 2015 Gator Corporation had 1,000 units in inventory at a cost of $9 per unit. During 2015 Gator Corporation purchased

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