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Wildhorse has the following inventory data: July 1 Beginning inventory 57 units at $ 130 5 Purchases 324 units at $ 121 14 Sale 216
Wildhorse has the following inventory data: July 1 Beginning inventory 57 units at $ 130 5 Purchases 324 units at $ 121 14 Sale 216 units 21 Purchases 162 units at $ 124 30 Sale 151 units Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a LIFO basis? $ 21809 $ 21782 $ 44920 $ 44893
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