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Exercise 185 a-c (Part Level Submission) Lester Company sells many products. Hackenberry is one of its popular items. Below is an analysis of the inventory

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Exercise 185 a-c (Part Level Submission) Lester Company sells many products. Hackenberry is one of its popular items. Below is an analysis of the inventory purchases and sales of Hackenberry for the month of March. Lester Company uses the periodic inventory system. Purchases Unit Units Cost 100 $40 60 $50 Sales Selling Price/Unit Units 3/1 3/3 70 $80 200 $55 Beginning inventory Purchase Sales Purchase Sales Sales Sales Purchase 3/4 3/10 3/16 3/19 3/25 3/30 80 $90 $90 60 40 $90 27 40 $65 (c) Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31. Ending Inventory $ Click if you would like to Show Work for this question: Qren Show Work Attempts: 0 of 1 used

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