Solve the problem. Round to the nearest dollar unless otherwise stated.A contractor made the following purchases of door frames:Beginning inventory:24 frames at $19.00June:36 frames at $13.60August:50 frames at $11.00September:17 frames at $23.00Inventory at year end shows that 40 frames remain. Find the inventory value using the weighted average, FIFO, and LIFO methods.
A. Weighted average: $920
FIFO: $644
LIFO: $760
B. Weighted average: $920
FIFO: $644
LIFO: $674
C. Weighted average: $594
FIFO: $644
LIFO: $674
D. Weighted average: $594
FIFO: $920
LIFO: $760
Answer: C
Mathematics
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