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Concord's Staff Junkets has the following inventory information. July 1 Beginning Inventory 24 units at $88 5 Purchases 118 units at $90 14 Sale

Concord's Staff Junkets has the following inventory information. July 1 Beginning Inventory 24 units at $88 5 Purchases 118 units at $90 14 Sale 77 units 21 Purchases 64 units at $99 30 Sale 58 units Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis? $7736 000 $7956 $8234 $6396

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