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Question 14 0.67 pts A company has the following inventory data: December 1 Beginning inventory of 15 units at $6.00 per unit December 7
Question 14 0.67 pts A company has the following inventory data: December 1 Beginning inventory of 15 units at $6.00 per unit December 7 Purchased 60 units at $6.60 per unit December 12 Sold 35 units December 20 Purchases 30 units at $7.20 per unit December 29 Sold 25 units Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis for December? What if a periodic inventory system had been used instead of perpetual? O $313.75 using perpetual, and $291 using periodic O $288 using perpetual, and $423 using periodic $309.50 using perpetual, and $323 using periodic $292.50 using perpetual, and $313.75 using periodic O $291 using perpetual, and $288 using periodic Next
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