Winchester Hardware had an inventory of 900 hammers valued at $5.00 each to begin the month. Winchester sold 800 hammers on the 10th of the month and purchased 1,000 hammers for $5.40 each on the 12th. On the 18th, Winchester sold 500 hammers. On the 20th, Winchester purchased another 1,000 hammers at $5.80 each. Finally, on the 28th, Winchester sold 500 hammers. Winchester 's cost of good sold for the month on a FIFO and on a LIFO basis is FIFO: $9,360; LIFO: $9,600 FIFO: $9,360; LIFO: $10,120 FIFO: $6,340; LIFO: $6,100 FIFO: $11,050; LIFO: $10,690 None of these 0

Winchester Hardware had an inventory of 900 hammers valued at $5.00 each to begin the month. Winchester sold 800 hammers on the 10 th of the month and purchased 1,000 hammers for $5.40 each on the 12 th. On the 18 th, Winchester sold 500 hammers. On the 20 th, Winchester purchased another 1,000 hammers at $5.80 each. Finally, on the 28 th, Winchester sold 500 hammers. Winchester 's cost of good sold for the month on a FIFO and on a LIFO basis is FIFO: $9,360; LIFO: $9,600 FIFO: $9,360; LIFO: $10,120 FIFO: $6,340; LIFO: $6,100 FIFO: $11,050; LIFO: $10,690 None of these