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Sheffield Company's inventory records show the following data: Units Inventory, January 1 Purchases: June 18 November 8 10200 8600 6000 Unit Cost $8.80 7.00 7.00

Sheffield Company's inventory records show the following data: Units Inventory, January 1 Purchases: June 18 November 8 10200 8600 6000 Unit Cost $8.80 7.00 7.00 A physical inventory on December 31 shows 3700 units on hand. Sheffield sells the units for $15 each. The company has an effective tax rate of 24%. Sheffield uses the periodic inventory method. What is the cost of goods available for sale? O $159400 O $191960 O $310960 O $166060

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