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Elly Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows: Units Per unit price

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Elly Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows: Units Per unit price Total Balance, 1/1/20 200 $5.00 $1,000 Purchase, 1/15/20 100 5.30 530 Purchase, 1/28/20 100 5.50 550 An end of the month (1/31/20) inventory showed that 150 units were on hand. If the company uses LIFO, what is the value of the ending inventory? (LO 2) Seleccione una: a. $850 b. $815 C. $805 d. $750

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