Question
ASAP Plz!!! Khan Corporation uses a LIFO perpetual inventory system. August 2, 25 units were purchased at $12 per unit. August 5, 10 units were
ASAP Plz!!!
Khan Corporation uses a LIFO perpetual inventory system. August 2, 25 units were purchased at $12 per unit.
August 5, 10 units were purchased at $13 per unit
August 15, 12 units were sold. August 18, 15 units were purchased at $14 per unit. What was the amount of the ending inventory for the month of August?
| $492.57 | ||
| $486.00 | ||
| $496.00 | ||
| $300.00 |
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Financial Investigation And Forensic Accounting
Authors: George A Manning
3rd Edition
0367864347, 9780367864347
