On December 31, there were 26 units remaining in ending inventory. Using the FIFO inventory valuation method. What is the cost of the ending inventory? A company had the following purchases during the current year.
PurchasesJanuary: 10 units at $120February: 20 units at $130May: 15 units at $140September: 12 units at $150November: 10 units at $160
$3,280.
$3,200.
$3,445.
$3,540.
$3,640.
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