Question: From the given information find the ending inventory using the LIFO method inventory valuation. 1st February 2018 Beginning Inventory is100 units @ 50 2nd July

From the given information find the ending inventory using the LIFO method inventory valuation. 1st February 2018 Beginning Inventory is100 units @ 50 2nd July 2018 purchased 200 units@100 8th July 2018 purchased 300 units@200 Inventory sold450 units @400 Goods Available for Sale must be allocated between the a. Cost of Goods Sold and Ending Inventory b. Cost of Goods Available for Sale and Beginning Inventory c. Cost of Goods Sold and Beginning Inventory d. Cost of Goods Available for Sale and Ending inventory
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