Question: Corp uses the LIFO method. Using the information provided, what is the unit cost of the 1 7 units remaining in inventory at month end?

Corp 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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