Question
Use the following data of StarfishStarfish Sales, Inc.: Use the following data of StarfishStarfish Sales, Inc.: Unit Total Units Units Cost Cost Sold Beginning inventory
Use the following data of StarfishStarfish Sales, Inc.:
Use the following data of
StarfishStarfish
Sales, Inc.:
|
|
| Unit | Total | Units |
|
| Units | Cost | Cost | Sold |
| Beginning inventory | 25 | $4 | $100 | |
| Purchase on Apr 25 | 33 | 5 | 165 | |
| Purchase on Nov 16 | 10 | 9 | 90 | |
| Sales | 40 | ? | ? |
|
StarfishStarfish
Sales' LIFO cost of ending inventory would be
A.$360
B. $146
C. $115
D. $180
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Advice And Assistance Of The Court Of Audit To Public Authorities Critical Analysis Of Law 5516
Authors: Thami Boudiab
1st Edition
6205921456, 978-6205921456
