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8. Sylvia's Designs Co. had the following inventory activity during April: Units Unit Cost Beginning inventory 100 $10 Purchase (April 3) 40 12 Sale (April
8. Sylvia's Designs Co. had the following inventory activity during April:
|
Units | Unit Cost |
Beginning inventory | 100 | $10 |
Purchase (April 3) | 40 | 12 |
Sale (April 10) | 80 |
|
Purchase (April 18) | 40 | 14 |
Purchase (April 23) | 60 | 15 |
Sale (April 28) | 90 |
|
Assuming Sylvia's uses a perpetual LIFO cost flow assumption, ending inventory for April would be
a. | $ 850 |
b. | $2,560 |
c. | $ 740 |
d. | $2,310
|
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