Allard Corporation uses the LIFO method. Using the information provided, what is the unit cost of the 17 units remaining in inventory at month end? • Beginning of the month: 30 units of Product BN4, each costing $14 • Week 1: Buys 12 units for $15 each • Week 2: Buys 20 units for $16 each • Week 4: Sells 45 units for $32 each Answer: A. $14 B. $15 C. $16 D. $32

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The answer is C 16 Heres why Allard Corporation uses the LIFO LastInFirstOut method meaning the most ... View the full answer