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Required information 21 Castle TV, Inc. purchased 1,800 monitors on January 5 at a per-unit cost of $154, and another 1,800 units on January 31
Required information 21 Castle TV, Inc. purchased 1,800 monitors on January 5 at a per-unit cost of $154, and another 1,800 units on January 31 at a per-unit cost of $262. In the period from February 1 through year-end, the company sold 3,350 units of this product. At year-end, 250 units remained in inventory Part 2 of 2 Assume that Castle TV, Inc. uses the LIFO flow assumption. The cost of the 250 units in the year-end inventory is: 3.33 points Skipped Multiple Choice Print $104,000. $52,000. $38,500. $65,500
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