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The following lots of Commodity Z were available for sale during the year. Use this information to answer the questions that follow. Beginning inventory First

The following lots of Commodity Z were available for sale during the year. Use this information to answer the questions that follow. Beginning inventory First purchase Second purchase Third purchase The firm uses the periodic system, and there are 20 units of the commodity on hand at the end of the year What is the ending inventory balance at the end of the year according to the LIFO method? O $655 $620 $690 10 units at $30 25 units at $32 30 units at $34 10 units at $35 $659
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The following fots of Commodity Z were awalable for sale darne the year Use this informabon to answer the questicas that follow method? 5655 5690 tost

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