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XYZ Company made the following purchases and had the following sales in the month of December. Date Dec. 1 Dec. 3 Units 12 1 Action
XYZ Company made the following purchases and had the following sales in the month of December. Date Dec. 1 Dec. 3 Units 12 1 Action Beginning Inventory Purchase Purchase Purchase Purchase TOTALS Dec.8 Price $8 $14 $16 $18 $20 @ @ @ @ @ Total $961 $140 $128 $216 $200 $780 Dec.12 Dec. 30 Dec. 31 | Answer the following questions related to the LIFO. FIFO, and Weighted Average cost flow assumptions: Question 4 2 pts To answer this question, include only the number. Do not include a dollar sign ($) or any spaces in your answer. If a total of 20 units were remaining in ending inventory on Dec. 31. what would be the total cost in ending inventory under the LIFO cost flow assumption
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