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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 1,000 units @ $3.60 1,100 units $3.30 1,300 units @ $3.90 900 units @ $4.00 3,400 units @ $5.50 05 What is the amount of ending inventory assuming the FIFO cost flow method? Multiple Choice O $3,800 O $3,600

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