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1 Starlight Company has the following purchases and sales during October. Using the LIFO perpetual inventory method, what is the value of inventory after

1 Starlight Company has the following purchases and sales during October. Using the LIFO perpetual inventory method, what is the value of inventory after the October 4 sale? Date October 1 Activities Beginning inventory Purchase Units Acquired at Cost units $200 - $1,600 20 units $205 $4,100 Units Sold at Retail October 41 Sales 11 units sold October 2 Multiple Choice $3,485 $3.500 $3.445 $3.472 $3.461

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