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The Exclusive Company uses the perpetual inventory system. The Exclusive Company has the following data available for the month of January Date Transaction Jan. 1

The Exclusive Company uses the perpetual inventory system. The Exclusive Company has the following data available for the month of January Date Transaction Jan. 1 Beginning inventory Jan 9 Purchase Jan 10 Sale Jan. 15 Purchase Jan 18 Sale Jan 24 Purchase Units Unit Cost 400 $1.00 300 $1.10 400 400 $1.16 300 400 $1.26 What is the cost of ending inventory on January 31 using LIFO? 0000 A. $968 B. $846 C. $730 OD. $920image text in transcribed

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