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A company's inventory records indicate the following data for the month of January Date January 1 January 8 January 12 January 17 January 231
A company's inventory records indicate the following data for the month of January Date January 1 January 8 January 12 January 17 January 231 January 28: Activities Beginning inventory Purchase Sale Purchase Sale Purchase Units Acquired at Cost 410 units @$18-$7,380 390 units @$20 - $7,800 450 units @ $22 - $9,900 510 units @$24 - $12,240 Units Sold at Retail 700 units @ $70 325 units @$70 If the company uses the LIFO perpetual inventory system, what would be the cost of the ending inventory?
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