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Multiple Choice Question 83 Swifty has the following inventory data: July 1 Beginning inventory 7 Purchases 22 Purchases 30 units at $15 106 units at

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Multiple Choice Question 83 Swifty has the following inventory data: July 1 Beginning inventory 7 Purchases 22 Purchases 30 units at $15 106 units at $16 15 units at $17 $450 1696 255 52401 A physical count of merchandise inventory on July 30 reveals that there are 38 units on hand. Using the LIFO inventory method, the amount allocated to ending inventory for July is $570. $578. $623. $646

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