Transcribed image text: A company had the following purchases and sales during its first year of operations:

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Transcribed image text: A company had the following purchases and sales during its first year of operations: January February May : September November: Purchases 22 units at $180 32 units at $185 27 units at $190 24 units at $195 22 units at $200 Sales 14 units 12 units 16 units 15 units 28 units On December 31, there were 42 units remaining in ending inventory. Using the perpetual LIFO inventory costing method, what is the cost of the ending Inventory (Assume all sales were made on the last day of the month) Multiple Choice $9,830 $7815 o O $9357

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Transcribed image text: A company had the following purchases and sales during its first year of operations:

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