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which one ? ABC Company uses a perpetual inventory system. On August 5, 2019, ABC Company sells 465 units of a particular product at a
which one ? ABC Company uses a perpetual inventory system. On August 5, 2019, ABC Company sells 465 units of a particular product at a unit selling price of $7. Prior to sale of 465 units the product on August 5, the perpetual inventory records reveal the following inventories for that product: Purchase Date Number of units purchased Unit cost June 5, 2019 134 $4.5 July 5, 2019 398 $4.6 Assuming that ABC Company uses Last-in, First-out (LIFO) method, what is cost of ending inventory after the sale on August 5, 2019? Select one: a. $301.5 b.$308.2 c. $2,132.3 d.$2,125.6
which one ?
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