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1 Activities. Beginning inventory Purchase 5 points TB MC Qu. 05-100 (Algo) A company's inventory records indicate the following... A company's inventory records indicate
1 Activities. Beginning inventory Purchase 5 points TB MC Qu. 05-100 (Algo) A company's inventory records indicate the following... A company's inventory records indicate the following data for the month of January: Date January 1 January 8 Units Acquired at Cost 530 units @ $18 = $9,540 510 units @$20 = $10,200 Units Sold at Retail January 121 Sale January 17 Purchase eBook January 23 January 28 Sale Purchase Ask 940 units @ $70 385 units @ $70 If the company uses the LIFO perpetual inventory system, what would be the cost of the ending inventory? 570 units @ $22 = $12,540 630 units @ $24 = $15,120 Print Multiple Choice References $8,470 $20,990. $19,790. $25,300. $26,410
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