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A company had the following purchases and sales during its first year of operations: January: February: May: September: November: Purchases 29 units at $215 39

A company had the following purchases and sales during its first year of operations: January: February: May: September: November: Purchases 29 units at $215 39 units at $220 34 units at $225 31 units at $230 29 units at $235 Sales 20 units 18 units 22 units 21 units 37 units On December 31, there were 44 units remaining in ending inventory. Using the perpetual LIFO inventory costing method, what is the cost of the ending inventory? (Assume all sales were made on the last day of the month.) Multiple Choice $14,936. $9,715. Multiple Choice $14.936. O O O $9.715 $14,338. $15,296, O O $22,105

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