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Date January 1 January 8 Activities Beginning inventory A company's inventory records indicate the following data for the month of January: Units Acquired at Cost
Date January 1 January 8 Activities Beginning inventory A company's inventory records indicate the following data for the month of January: Units Acquired at Cost 530 units @ $18 Units Sold at Retail = Purchase 510 units @ $20 = $9,540 $10,200 January 12 Sale 940 units @ $70 January 17 January 23 Purchase Sale 570 units @ $22 = $12,540 385 units @ $70 January 28 Purchase 630 units @ $24 = $15,120 If the company uses the LIFO perpetual inventory system, what would be the cost of the ending inventory
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