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Left images printing uses perpetual LIFO in valuing its inventory. The march first inventory was 36 units at six dollars each. Purchases and sales during
Left images printing uses perpetual LIFO in valuing its inventory. The march first inventory was 36 units at six dollars each. Purchases and sales during March were as follows
March 10. Purchased 20 units at eight dollars per unit
March 17. Purchased 24 units at $10 per unit
March 5. Sales 15 units
March 15. Sales 26 units
The cost of the ending inventory was
A. $312
B. $424
C. $286
D. $330
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