Question: Loach Corp. had the following inventory data: Unit Cost $52 $55 Date July 1 July 4 July 7 July 11 July 14 Beginning inventory Purchase

Loach Corp. had the following inventory data: Unit Cost $52 $55

Loach Corp. had the following inventory data: Unit Cost $52 $55 Date July 1 July 4 July 7 July 11 July 14 Beginning inventory Purchase Sale Purchase Sale Quantity. 5 10 12 9 8 $55 Assuming FIFO, what is the ending inventory after the July 14 sale? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.) O A. $220 O B. $214 OC. $62 OD. $208

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