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What is the dollar amount of inventory

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Question - The following inventory was available for sale during the year for Dolphin Tools:

Beginning inventory10 units at $120First purchase15 units at $165Second purchase30 units at $210Third purchase20 units at $195.

Dolphin Tools has 25 units on hand at the end of the year.

What is the dollar amount of inventory at the end of the year according to the first-in, first-out method?

A. $4,950

B. $8,925

C. $4,725

D. $5,850

Reference no: EM132429799

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