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QUESTION 26 Mendy Clothing Corporation unos periodic inventory system and the LIFO cont method. The company began 2021 with the following inventory layers (inted in
QUESTION 26 Mendy Clothing Corporation unos periodic inventory system and the LIFO cont method. The company began 2021 with the following inventory layers (inted in chronological order of acquisition): 5,000 units @ $10 per unit $50,000 8,000 units $12 per unk 96.000 During 2021, 20,000 units were purchased for $15 per unit. Sales for the year totaled 30,000 units at various prices, leaving 3,000 units in ending inventory. What is the $8.500 $17.800 $25,500 $34,000
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