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explain step by step and why add or substracting something Chapter 6 Dell gives you the following information: Beginning inventory: 10 units at $5.00 each

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explain step by step and why add or substracting something
Chapter 6 Dell gives you the following information: Beginning inventory: 10 units at $5.00 each Purchased: 10 units at $7.00 each 5 units at $16.00 each The company had 7 units in ending inventory at the end of the month Assuming the company uses a periodic LIFO method, what is the company's ending inventory balance? Chapter 6

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