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Tomasino's inventory records show the following data at January 31: Beginning inventory Jan. 1 80 units at $7 per unit Jan. 10 purchase 320 units
Tomasino's inventory records show the following data at January 31: Beginning inventory Jan. 1 80 units at $7 per unit Jan. 10 purchase 320 units at $10 per unit Jan. 22 purchase 110 units at $11 per unit At January 31, 230 units are still on hand. What is the cost of the ending inventory at January 31 if Tomasino uses the FIFO method? O A. $2,060 OB. $1,610 O C. $1,880 OD. $2,410
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