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[The following information applies to the questions displayed below.] Glasgow Enterprises started the period with 70 units in beginning inventory that cost $2.70 each. During
[The following information applies to the questions displayed below.] Glasgow Enterprises started the period with 70 units in beginning inventory that cost $2.70 each. During the period, the company purchased inventory items as follows: Purchase No. of Items Cost
1 220 $ 3.20
2 160 $ 3.30
60 $ 3.70
Glasgow sold 240 units after purchase 3 for $10.20 each. What is Glasgow's ending inventory under LIFO?
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