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Question 21 0/5 points Judah Inc. uses the periodic inventory method and had the following inventory information available: 1/1 Beginning Inventory 80 @ $4 1/20

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Question 21 0/5 points Judah Inc. uses the periodic inventory method and had the following inventory information available: 1/1 Beginning Inventory 80 @ $4 1/20 Purchased 500 @ $7 1/26 Purchased 100 @ $8 1/30 Purchased 300 @ $10 A physical count of inventory on December 31 revealed that there were 627 units on hand. What value would be assigned to COGS using LIFO? Round to nearest penny, using a comma if needed. DO NOT PUT A DOLLAR SIGN IN YOUR ANSWER. Like this "910.00" or "75,400.00 Answer: 3,471.00 X (3,424.00)

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