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Coding inventory .assuming LIFO in a periodic inventory system would be $3, 400 $3, 500. $3, 560. $3, 600 the ending inventory assuming LIFO in

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Coding inventory .assuming LIFO in a periodic inventory system would be $3, 400 $3, 500. $3, 560. $3, 600 the ending inventory assuming LIFO in a periodic inventory system would be The ending inventory under a periodic inventory system assuming average cost is: $3, 502. $3, 572. C) $3, 598. D) $3, 607. periods when costs are rising and inventory quantities are stable, ending inventory will be: A) Higher under UFO than FIFO. Lower under average cost than LIFO. I fight under average cost than FIFO. D) Higher under FIFO than LIFO. Use the following to answer questions 12-13: Data related to the inventory categories Medical Supply is presented below: Surgical equip rent Surgical supplies Cost $270 S200 Selling price 360 220 Disposal cost 30 25 Normal profit 40 20 12. In applying the LCNRV rule, the inventory of surgical equipment would be valued at A) $330. B) $320. C) $290. D) $270. In applying the LCNRV rule, the inventor)' of surgical supplies would be valued at. $200.$195.$180. $175. Coding inventory .assuming LIFO in a periodic inventory system would be $3, 400 $3, 500. $3, 560. $3, 600 the ending inventory assuming LIFO in a periodic inventory system would be The ending inventory under a periodic inventory system assuming average cost is: $3, 502. $3, 572. C) $3, 598. D) $3, 607. periods when costs are rising and inventory quantities are stable, ending inventory will be: A) Higher under UFO than FIFO. Lower under average cost than LIFO. I fight under average cost than FIFO. D) Higher under FIFO than LIFO. Use the following to answer questions 12-13: Data related to the inventory categories Medical Supply is presented below: Surgical equip rent Surgical supplies Cost $270 S200 Selling price 360 220 Disposal cost 30 25 Normal profit 40 20 12. In applying the LCNRV rule, the inventory of surgical equipment would be valued at A) $330. B) $320. C) $290. D) $270. In applying the LCNRV rule, the inventor)' of surgical supplies would be valued at. $200.$195.$180. $175

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