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Old MathJax webview The llowing are the inventory records of the ABC Company: Units Cost Total 40 $12 $480 January 1 Purchases: February 10 20

Old MathJax webview

The llowing are the inventory records of the ABC Company: Units Cost Total 40 $12 $480 January 1 Purchases: February 10 20 13 260 July 15 40 14 560 November 1 50 15 750 December 10 30 16 480 180 $2,530 Ending inventory consists of 30 units . Required: Inventory turnover in times using LIFO method is:

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