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Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition): .

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Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition): . 41 units at $100 70 units at $74 172 units at $62 Sales for the year totaled 268 units, leaving 15 units on hand at the end of the year. Ending inventory using the LIFO method is: Multiple Choice $980 $930 Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition): . 41 units at $100 70 units at $74 172 units at $62 Sales for the year totaled 268 units, leaving 15 units on hand at the end of the year. Ending inventory using the LIFO method is: Multiple Choice $980 $930

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