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11 Texas Petrochemical reported the following April activity for its VC-30 lubricant, which had a balance of 305 qts. @ $2.50 per quart on April
11 Texas Petrochemical reported the following April activity for its VC-30 lubricant, which had a balance of 305 qts. @ $2.50 per quart on April 1. 01:54:45 Purchases: Apr. 10 Apr. 14 Apr. 20 505 qts @ $2.60 405 qts @ $2.70 405 qts @ $2.75 Sales: Apr. 3 Apr. 12 Apr. 26 210 qts 505 qts 305 qts eBook References The ending inventory assuming LIFO and a periodic inventory system is: (Round your final answer to two decimal places.) Multiple Choice $1,639.50. O $1,569.50. $1,634.50. $1,529.50
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