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FFS Clothing Store sells socks. During January 2017, its inventory records for one particular brand of socks were as follows: Quantity Price per pair Total

FFS Clothing Store sells socks. During January 2017, its inventory records for one particular brand of socks were as follows:

Quantity Price per pair Total
Beginning Inventory 16 pairs $18 = $288
January 6 Purchase 13 pairs $16 = $208
January 10 Sale 15 pairs N/A
January 15 Purchase 18 pairs $15 = $270
January 20 Sale 22 pairs N/A
January 25 Purchase 14 pairs $22 = $308

See information for FFS Clothing Store above. Using this information, perpetual LIFO remaining inventory is

Select one:

a. None of these

b. $488

c. $586

d. $371

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