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Wildhorse Bananas has the following inventory data: July 1 Beginning inventory 19 units at $24 $456 7 Purchases 140 units at $25 3500 22 Purchases
Wildhorse Bananas has the following inventory data: July 1 Beginning inventory 19 units at $24 $456 7 Purchases 140 units at $25 3500 22 Purchases 19 units at $26 494 $4450 A physical count of merchandise inventory on July 30 reveals that there are 61 units on hand. Using the LIFO inventory method, the amount allocated to ending inventory for July is
$4200.
$1800.
$1544.
$1900.
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