MC Qu. 7-179 Charter Company, which uses the perpetual inventory... Charter Company, which uses the perpetual Inventory method, purchases different letters for resale. Charter had a beginning inventory comprised of nine units at $5 per unit. The company purchased six units at $7 per unit in February, sold nine units in October, and purchased three units at $8 per unit in December If Charter Company uses the LIFO method, what is the cost of its ending inventory? Multiple Choice $57 O $54 $66 0 $110