Question: Filmac, Inc. uses speakers when assembling computers. Information as to balances on hand, purchases, and requisitions of speakers is given in the following table. If

on hand, purchases, and requisitions of speakers is given in the following

Filmac, Inc. uses speakers when assembling computers. Information as to balances on hand, purchases, and requisitions of speakers is given in the following table. If a perpetual inventory record of speakers is maintained on a LIFO basis, the March 8 issue will consist of: 20 units @ $15.00 and 50 units @ $16.00. 70 units @ \$15.00. 50 units @ $16.00 and 20 units @ $15.00. 70 units @ \$16.00

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