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13 Which of e fo y o ory with relatively ma nmber of uniqe per o LIFO e Average d Specific ideneticatio None of the

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13 Which of e fo y o ory with relatively ma nmber of uniqe per o LIFO e Average d Specific ideneticatio None of the aove The inventory date for an for oveber, 209 a Now 1 14 ory Sold 10 Purchased 7Sold 20 units s0un s0 uns at 523 per unit s0 units at $22 per unit so Purchased Using the perpetual system, coting by last-in first out method, what is the cost of merchandise inventory of 30units on November 30 a $630 b 5630 S620 d. $630 e None of the above 15. During a period of consistently rising prices, the method of inventory that will result in reporting the greatest cost of merchandise sold is a. FIFO b. LIFO CAverage d Specific identification e. None of the above 16. If the cost of an item of inventory is $65 and the current replace cost is $60, the amount included in the ending inventory according to the LCM rule will be a $s b. S60 c $65 d. $125 e. None of the above

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