Question: Current Attempt in Progress Pharoah has the following inventory data: July 1 5 Beginning inventory Purchases Sale Purchases Sale 37 units at $7.40 149 units

Current Attempt in Progress Pharoah has the following inventory data: July

Current Attempt in Progress Pharoah has the following inventory data: July 1 5 Beginning inventory Purchases Sale Purchases Sale 37 units at $7.40 149 units at $8.20 99 units 14 21 30 74 units at $8.90 69 units Assuming that a perpetual inventory system is used, what is the value of ending inventory on a LIFO basis for July? O $2154.20 O $728.30 O $1425.90 O $1070.20

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