Multiple Choice Question 103 Transactions for the month of June were: Purchases Sales June 1 (balance) 3220@ $3.00 8870 @ 2.90 4700 @ 3.10 7180 @ 3.20 1990 3.30 June 2 2360 $5.70 6 6370@ 5.70 9 4080 5.70 10 1540 @ 6.00 18 5580 6.00 25 790 6.00 15 Assuming that periodic inventory records are kept in units only, the ending inventory on a LIFO basis is $16967 $15720 $15518 $16244 CALCULATOR FULL SCREEN PRINTER VERSION BACK Multiple Choice Question 109 Sheffield Corp, sells one product and uses a perpetual Inventory system. The beginning inventory consisted of 79 units that cost $22 per unit. During the current month, the company purchased 480 units at $18 each. Sales during the month totaled 355 units for $44 each. What is the number of units in the ending Inventory? 79units. O 125 units. 559 units. 204 units CALCATCM ULL SCREEN PRINTER VERSION BACK NEXT FULLSCREEN PRINTER VERSION BACK Multiple Choice Question 113 Bramble uses the periodic inventory system. For the current month, the beginning inventory consisted of 7200 units that cost $14 each. During the month, the company made two purchases: 3100 units at $15 each and 12100 units at $15.5 each. Bramble also sold 12900 units during the month. Using the FIFO method, what is the ending inventory? $147250. $133000 0 135300 O $142028