Question
Sylvia's Designs Co. had the following inventory activity during April: Units Unit Cost Beginning inventory 100 $10 Purchase (April 3) 40 12 Sale (April 10)
Sylvia's Designs Co. had the following inventory activity during April:
Units Unit Cost
Beginning inventory 100 $10
Purchase (April 3) 40 12
Sale (April 10) 80
Purchase (April 18) 40 14
Purchase (April 23) 60 15
Sale (April 28) 90
Assuming Sylvia's uses a perpetual LIFO cost flow assumption, ending inventory for April would be a. $ 850 b. $2,560 c. $ 740 d. $2,310
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Essentials Of Marketing
Authors: David Brown, Alex Thompson
1st Edition
0367773422, 9780367773427
