Question 14 A company has the following: Dec. 1 Dec. 5 Dec. 14 Dec. 21 Dec. 30 O $4,310 O $4,585 O $4,945 O $4,385 Beginning inventory O $4,792 Purchases Sale Purchases Sale 15 units at $60 90 units at $62 Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis for December? 40 units 45 units at $63 30 units 6.67 pts

A company has the following: Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis for December? $4,310 $4.585 $4,945 $4,385 $4,792