29. SiCo begins operations in 20X2 and uses the periodic method. SiCo's December 31, 20X2 ending inventory consists of 400 units bought in January, 20X2 @ $11. Its December 31, 20X3 ending inventory consists of 1,300 units. During January, 20X3, SiCo buys 1,800 units @ $14; in July, it buys 2,200 units @ $17; and in October, it buys 2,300 units @ $13. If SiCo uses LIFO, its 20X3 costs of goods sold is ... b. $79,900 d. $78,700 a. $80,000 c. $80,800 IS fadetoO Use the following information for problems #30-33. of adings od fire LuCo begins operations in 20X4 and uses the periodic method and LIFO costing. Its merchandise purchases are as follows: 00 20X6 na bodtem atbol req ed) even exos 20X4 20X5 March asgardmug 300 @ $4 600 @ $ 8 03 900 @ $11 July 500 @ $5 900 @ $12 600 @ $14 September 200 @ $7 100 @ $ 9 700 @ $13 November 400 @ $6 700 @ $10 100 @ $16 30. If LuCo sells 900 units in 20X4, its December 31, 20X4 ending inventory of 500 units is . . . 8808 a. $2,000 b. $3,000 c. $2,200 b d. $3,100 31. If, instead, LuCo's has 200 units in its December 31, 20X4 ending inventory and 500 units in its December 31, 20X5 ending inventory, then SMal bod its December 31, 20X5 inventory is ...queried op?! .8S a. $3,200 b. $4,000 c. $5,000 d. $2,200 32. Assume, instead, that LuCo's December 31, 20X4 ending inventory is 300 units; its December 31, 20X5 ending inventory is 200 units (which is lower than it 20X5 beginning inventory); and its December 31, 20X6 ending inventory is 700 units. What is LuCo's December 31, 20X6 inventory? a. $7,700 b. $4,400 c. $5,600 d. $6,300