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The inventory records for Radford Company reflected the following Beginning inventory on May 1 First purchase on May 7 Second purchase on May 1 7

The inventory records for Radford Company reflected the following
Beginning inventory on May 1 First purchase on May 7 Second purchase on May 17 Third purchase on May 23 Sale on May 31
600 units @ $2.80
700 units @ $3.00
900 units @ $3.10
500 units @ $3.20
2,200 units @ $4.70
What is the amount of ending inventory assuming the FIFO cost flow method is used
Multiple Choice
$1,910
$1,620
$1,680
$1,600
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