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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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Cullumber Radials Company has the following imventory data: A physical count of merchandise inventory on July 31 reveals that there are 36 units on hand. Using the LiFO irventory method, the amount allocated to ending inventory for July is 5696. $720. $684 $792

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