Question
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 410 $2.19 Apr. 20 Purchase 400
Inventory records for Dunbar Incorporated revealed the following:
| Date | Transaction | Number of Units | Unit Cost |
| Apr. 1 | Beginning inventory | 410 | $2.19 |
| Apr. 20 | Purchase | 400 | 2.67 |
Dunbar sold 600 units of inventory during the month. Ending inventory assuming LIFO would be (Do not round your intermediate calculations. Round your answer to the nearest dollar amount):
$561.
$460.
$898.
$1,068.
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Principles Of Financial Accounting (Chapters 1-17)
Authors: John Wild
25th Edition
1260780147, 9781260780147
