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Date Jan 1, Beginning Inventory Mar 4, Purchase May 8, Purchase Nov 3, Purchase Merchandise Available For Sell B) $7,000 C) $9,500 D) $6,000

 

Date Jan 1, Beginning Inventory Mar 4, Purchase May 8, Purchase Nov 3, Purchase Merchandise Available For Sell B) $7,000 C) $9,500 D) $6,000 Quantity If 1,300 units are unsold, what is the ending inventory cost by using the LIFO? A) $11,000 E) $10,900 100 400 800 500 1,800 Cost Per Unit Total Cost $10.00 $1,000.00 15.00 6,000.00 20.00 16,000.00 30.00 15,000.00 $38,000.00

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