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Lauer Corporation has provided the following information about one of its laptop computers: Number of Units Date Transaction 1/1 Beginning Inventory 5/5 Purch 8/10 Purchase

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Lauer Corporation has provided the following information about one of its laptop computers: Number of Units Date Transaction 1/1 Beginning Inventory 5/5 Purch 8/10 Purchase 10/15 Purchase 170 0 270 Cost per Unit $ 870 $ 970 $ 1,070 $ 1,120 370 235 During the year, Lauer sold 925 laptop computers. What was ending inventory using the FIFO cost flow assumption? Multiple Choice $104,400 ) $133,900. $134.400

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