Question: QUESTION 9 The following data represent the beginning inventory and, in the order of occurrence, the purchases and sales of Mulligan Company for an operating

QUESTION 9 The following data represent the beginning inventory and, in

QUESTION 9 The following data represent the beginning inventory and, in the order of occurrence, the purchases and sales of Mulligan Company for an operating period. Units Unit Cost Total Cost Units Sold Beginning Inventory $58 $1,160 Purchase No. 1 1,240 Sale No. 1 Purchase No.2 5,760 Sale No. 2 Purchase No. 3 5,040 Totals 200 $13,200 62 72 110 Assuming Mulligan Company uses FIFO periodic inventory procedures, the ending inventory cost is: A. $5,040 B. $6,480 O C. $5,600 D. $6,320

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