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The following information for Sundance Co. is available. July 1 Beginning inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1,400

The following information for Sundance Co. is available.

July 1 Beginning inventory 20 units at $19 $ 380

7 Purchases 70 units at $20 1,400

22 Purchases 10 units at $22 220

$2,000

A physical count of merchandise inventory on July 30 reveals that there are 35 units on hand. Using the LIFO inventory method, the amount allocated to ending inventory for July is

A.

$1,280.

B.

$720.

C.

$680.

D.

$1,320.

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