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6) Lauer Corporation has provided the following information about one of its laptop computers: Date Transaction Number of Units Cost per Unit 1/1 Beginning Inventory

6) Lauer Corporation has provided the following information about one of its laptop computers:

Date

Transaction

Number

of Units

Cost per Unit

1/1

Beginning Inventory

100

$800

5/5

Purchase

200

$900

8/10

Purchase

300

$1,000

10/15

Purchase

200

$1,100

During the year, Lauer sold 750 laptop computers.

What was ending inventory using the LIFO cost flow assumption?

A) $40,000.

B) $45,000.

C) $55,000.

D) $60,000.

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