MC Qu. 5-95 Melbourne Company uses the perpetual.. Melbourne Company uses the perpetual inventory method. Melbourne purchased 2.400 units of inventory that cost $16.25 each. At a later date the company purchased an additional 2.500 units of inventory that cost $16.75 each. If Melbourne uses a LIFO cost flow method, and sells 2.700 units of inventory, the amount of ending inventory appearing on the balance sheet will be: Multiple Choice $35,750 $36,300