Question: QUESTION 3 Answer the question below using the following information: Davis provides the following information for the month of March 2011: March 1 Beginning Inventory

QUESTION 3 Answer the question below using the following information: Davis provides the following information for the month of March 2011: March 1 Beginning Inventory March 7 Purchases March 18 Purchases March 24 Purchases Units unsold at month-end amounted to 180. $15 per unit $16 per unit $18 per unit $19 per unit 200 units 300 units 400 units 100 units Question: The COGS using FIFO should amount to: D A $3,042 B $3,340 @ C $13,560 . D $13,858

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