Question: --/1 View Policies Current Attempt in Progress Swifty uses the periodic inventory system. For the current month, the beginning inventory consisted of 7400 units that

--/1 View Policies Current Attempt in Progress Swifty uses the periodic

--/1 View Policies Current Attempt in Progress Swifty uses the periodic inventory system. For the current month, the beginning inventory consisted of 7400 units that cost $10.00 each. During the month, the company made two purchases: 3000 units at $11.00 each and 11900 units at $11.50 each. Swifty also sold 12700 units during the month. Using the LIFO method, what is the ending inventory? $110400 $96000. $104928. $98200

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