Goodman Company's Inventory Records Show the Following Data A Physical Inventory on December 31 Shows 6,000 Units on Units

Multiple Choice

Goodman Company's inventory records show the following data: $\begin{array}{lrr}&\text { Units }& \text { Unit Cost }\\\text {Inventory, January 1 } & 10,000 & \$ 9.00 \\\quad \quad \text {Purchases: June 18 } & 9,000 & 8.20 \\\quad \text { November 8 } & 6,000 & 7.00\end{array}$ A physical inventory on December 31 shows 6,000 units on hand. Under the FIFO method, the December 31 inventory is

A) $42,000.
B) $49,200.
C) $49,392.
D) $54,000.