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8 Homework. Unanswered. Due Today, 10:00 AM Kiner Co. uses a periodic inventory system and has the following data related to an item of inventory:

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8 Homework. Unanswered. Due Today, 10:00 AM Kiner Co. uses a periodic inventory system and has the following data related to an item of inventory: Inventory, March 1 100 units @ $4.20 Purchase, March 7 350 units @ $4.40 Purchase, March 16 70 units @ $4.50 Inventory, March 31 130 units The value assigned to ending inventory if Kiner uses LIFO is Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $579. b $552 $546. d $585

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