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RJ Corporation has provided the following information about one of its inventory items: Date 1/1 6/6 9/10 11/15 Transaction Beginning Inventory Purchase Purchase Purchase Number

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RJ Corporation has provided the following information about one of its inventory items: Date 1/1 6/6 9/10 11/15 Transaction Beginning Inventory Purchase Purchase Purchase Number of Units 460 815 1,215 875 Cost per Unit $3,000 $ 3,675 $ 4,225 $ 4,500 During the year, RJ sold 2,970 units. What was ending inventory using the LIFO cost flow assumption? Multiple Choice $1,777,500. $1,664,925. $1,185,000. $1,578,357

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