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Wildhorse Company has the following inventory data: July 1 $ 760 Beginning inventory Purchases 7...

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Accounting

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Wildhorse Company has the following inventory data: July 1 $ 760 Beginning inventory Purchases 7 40 units at $19 94 units at $20 20 units at $22 1880 22 Purchases 440 $ 3080 A physical count of merchandise inventory on July 31 reveals that there are 44 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for July is $880. O $840. O $920. O $968

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