Question: PLEASE ANSWER A company sells 1,050 units during the first quarter of the year at a selling price of $20 per unit. In addition, the

PLEASE ANSWER A company sells 1,050 units during the first quarter of PLEASE ANSWER

A company sells 1,050 units during the first quarter of the year at a selling price of $20 per unit. In addition, the company has a beginning inventory of 600 units that were purchased at $10 per unit, and the following purchases and sales. Date Units sold Units purchased Cost per unit Jan 10 300 $11 Jan 25 500 Feb 7 400 $12 Feb 14 250 Mar 5 300 Mar 27 650 $14 What is the company's ending inventory if it uses a perpetual inventory system and the LIFO method? O a. $11,600 O b. $10,600 O c. $13,700 O d. $9,400 O e. $11,100

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