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MC Qu. 181 Amiable Inc. uses a perpetual Amiable Inc. uses a perpetual inventory system. The following transactions took place during the month of August
MC Qu. 181 Amiable Inc. uses a perpetual Amiable Inc. uses a perpetual inventory system. The following transactions took place during the month of August August 2 August 5 August 15 August 18 25 units were purchased at $12 per unit 10 units were purchased at $13 per unit 12 units were sold at $25 per unit 15 units were purchased at $14 per unit If Amiable uses the LIFO method, what is the ending inventory at August 31? O $496.00 O $486.00 O $492.57 O $300.00 $510.00
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