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Cullumber Radials Company has the following inventory data: July 1 7 22 Beginning inventory Purchases $696. O $720. $684. O $792. Purchases 24 units at
Cullumber Radials Company has the following inventory data: July 1 7 22 Beginning inventory Purchases $696. O $720. $684. O $792. Purchases 24 units at $19 78 units at $20 12 units at $22 $456 1560 264 $2280 A physical count of merchandise inventory on July 31 reveals that there are 36 units on hand. Using the LIFO inventory method, the amount allocated to ending inventory for July is
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