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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 420 $ 2.11 Apr. 20 Purchase
Inventory records for Dunbar Incorporated revealed the following:
Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 420 $ 2.11 Apr. 20 Purchase 420 2.68
Dunbar sold 560 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.)
Inventory records for Dunbar Incorporated revealed the following:
| Date | Transaction | Number of Units | Unit Cost | |||||
| Apr. | 1 | Beginning inventory | 420 | $ | 2.11 | |||
| Apr. | 20 | Purchase | 420 | 2.68 | ||||
Dunbar sold 560 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.)
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