Question:Using the following data, the cost of the ending inventory under LIFO is:
UnitsUnit Cost
Inventory, Jan. 18,000$11
Purchase, June 1913,000$12
Purchase, Nov, 85,000$13
 

A $113,000. 

B $108,000. 

C $99,000. 

D $100,000. 

+ Answer
+ Report
Total Preview: 1373

Copyright © 2024. Powered by Intellect Software Ltd