And cost of good sold

sells one product, include it purchases from various suppliers. Yor which the following accounts Account Sales (33,000 units at $16) Sales Discounts Amount $528,000 7,500 Purchases Purchase Discounts Fre 368,900 18,000 ht-in Freight-out 11,000 York Co.'s inventory purchases during 20x2 were as follows: Description Cost per Unit Total Cost Units Beginning inventory 8,000 65,600 825 Purchase March 31 12,000 99,000 730 Purchase June 30 15,000 7.30 Purchase September 30 13,000 Purchase December 31 53900 55,000 Total 43A,500 York's accounting policy is to report inventory in its financial statements at the lower of cost or market applied to total inventory. Cost is determined under the last-in, first out method York has determined that, at December 31, 20x2, the replacement cost ofitsinventory wass per u and the net realizable value was $8.80 per unit. York's normal profit margin is s105 per unit. A. Calculate the cost of ending inventory using LIFO and ignoring the impact of the lower market policy