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Question 12 2 pts Use the following information to answer the next two questions: Rogers Inc. is a wholesaler of office supplies that began operations
Question 12 2 pts Use the following information to answer the next two questions: Rogers Inc. is a wholesaler of office supplies that began operations in 2017. The activity for Model Z calculators during 2018 is shown below. (A year end physical inventory indicates 8,000 Model Ill calculators on hand.) Cost $18.00 18.60 Date August 1 Purchase September 4 Purchase September 16 Sales November 12 Purchase December 23 Sales December 30 Purchase Transaction Units 4,000 6,000 5,200 7,600 6,800 2,400 19.00 20.00 If Rogers Inc. uses a LIFO periodic inventory system, the ending inventory of Model Z calculators at December 31 is reported as $146.400 $150,080 $154,000 $154.400
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