The following data represent the beginning inventory and, in the order of occurrence, the purchases and sales of Tina Star Company for an operating period. Units Sold Units Units on Hand Unit Cost $116 124 Total Cost $2,230 2,480 20 20 30 Beginning Inventory Purchase No. 1 Sale No. 1 Purchase No. 2 Sale No. 2 Purchase No. 3 Totals 90 128 11,520 144 10,080 $26,400 200 110 Assuming Tina Star Company uses LIFO perpetual inventory procedures, sale no. 1 is recorded as an entry to cost of Goods Sold for: Select one: A. $3,560 B. $3,640 o C. $4,320 D. $3,600 The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Woof, Inc. for an operating period. Units Unit Cost Total Cost Units Sold 50 $93 $4,650 40 Beginning Inventory Sale No. 1 Purchase No. 1 Sale No. 2 Purchase No. 2 Totals 30 75 2,250 32 66 40 120 2,640 $9,540 - 72 Assuming Woof, Inc. uses FIFO periodic inventory procedures, the ending inventory cost is: Select one: A. $4,464 B.$3,168 C. $3,240 D. $3,600 Question 27 Not yet answered Marked out of 1.00 P Flag question The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Woof, Inc. for an operating period. Beginning Inventory Sale No. 1 Purchase No. 1 Sale No. 2 Purchase No. 2 Totals Units Unit Cost Total Cost Units Sold 50 $93 $4,650 40 30 75 2,250 40 66 - 2,640 $9,540 120 Assuming Woof, Inc. uses LIFO periodic inventory procedures, the ending inventory cost is: Select one: A. $4,464 B. $3,240 C. $3,168 D. $3,816