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Pharoah Co. had 340 units of product A on hand at January 1, 2025, costing $22 each. Purchases of product A during January were
Pharoah Co. had 340 units of product A on hand at January 1, 2025, costing $22 each. Purchases of product A during January were as follows: Date Units Unit Cost Jan. 10 380 $23 18 500 24 28 240 25 A physical count on January 31, 2025 shows 380 units of product A on hand. The cost of the inventory at January 31, 2025 under the LIFO perlodic Inventory method is O $8400. O $8060. O $9360. O $8780.
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