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The inventory records for Radford Company reflected the following: Beginning inventory @ May 1 First purchase @ May 7 Second purchase @ May 17 Third

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The inventory records for Radford Company reflected the following: Beginning inventory @ May 1 First purchase @ May 7 Second purchase @ May 17 Third purchase @ May 23 Sales @ May 31 2,200 units @ $6.00 2,300 units @ $6.20 2,500 units @ $6.30 2,100 units @ $6.40 7,000 units @ $7.90 What is the amount of ending inventory assuming the FIFO cost flow method? What is the amount of ending inventory assuming the FIFO cost flow method? Multiple Choice $13,540 $13,440 $13.200 57780

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