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JAN Beg.Inv 20units $200 ea $4,000 MAR Purchase 40 units $225 ea $9,000 MAY Purchase 30 units $250 ea $7,500 NOV Purchase 20units $275 ea

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JAN Beg.Inv 20units $200 ea $4,000 MAR Purchase 40 units $225 ea $9,000 MAY Purchase 30 units $250 ea $7,500 NOV Purchase 20units $275 ea $5,500 TOTAL $26,000 110 units e Company sold 80 units Ending inventory is 30 units What is the value of the Ending Inventory using the LIFO method ? $ 19.750 $18000 $ 8,000 $6,250

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