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Agora Co. recorded the following inventory information during the month of March: # Units Unit Cost Total Cost # Units, Ending Bal Balance on 3/1
Agora Co. recorded the following inventory information during the month of March: # Units Unit Cost Total Cost # Units, Ending Bal Balance on 3/1 2,000 $1 $2,000 2,000 Purchased on 3/8 1,200 3 $3,600 3,200 Sold on 3/23 1,800 1,400 Purchased on 3/28 800 5 $4,000 2,200 What amount should Rose report as inventory on March 31 using the periodic LIFO method for recording inventory?
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