A company's inventory records indicate the following data for the month of January Activities Date January 1 January 8 Beginning inventory Purchase Units Acquired at Cost 440 units $18-$7,920 420 units $20 - $8,400 Units Sold at Retail January 12 January 17 January 23 January 28 Sale Purchase Sale Purchase If the company uses the LIFO perpetual inventory system, what would be the cost of the ending inventory? 760 units $70 480 units @ $22 - $10,560 340 units @ $70 540 units $24 - $12,960 Multiple Choice $7,480. $15,920 $17,840. < Prev 107 of 200 Next > Save & Exit Submi