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Date Transaction 1/1 Beginning Inventory 5/5 Purchase 8/10 Purchase 10/15 Purchase Number of Units 230...

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Date Transaction 1/1 Beginning Inventory 5/5 Purchase 8/10 Purchase 10/15 Purchase Number of Units 230 330 430 265 Cost per Unit $ 930 $ 1,030 $ 1,130 $ 1,180 During the year, Lauer sold 1,075 laptop computers. What was ending inventory using the FIFO cost flow assumption? Multiple Choice $167,400. $212,400. $211,900 $187,400

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