Question
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 400 $2.16 Apr. 20 Purchase 300
Inventory records for Dunbar Incorporated revealed the following:
| Date | Transaction | Number of Units | Unit Cost |
| Apr. 1 | Beginning inventory | 400 | $2.16 |
| Apr. 20 | Purchase | 300 | 2.64 |
Dunbar sold 570 units of inventory during the month. Ending inventory assuming LIFO would be (Round your answer to the nearest dollar amount):
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Hong Kong Auditing Economic Theory And Practice
Authors: Simon Fung, Ferdinard A. Gul
3rd Edition
9629372347, 978-9629372347
