what is the cost of the ending inventory under FIFO?

Kam Company has the following units and costs.

Units

Unit Cost

Inventory, Jan. 1

8,000

11

Purchase, June 19

13,000

12

Purchase, Nov. 8

5,000

13

If 9,000 units are on hand at December 31, what is the cost of the ending inventory under FIFO?

(a) $99,000.

(b) $108,000.

(c) $113,000.

(d) $117,000.

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