Question: Given the following inventory activity, what is ending inventory using the perpetual LIFO costing method? (Round any intermediary calculations to the nearest cent and your

Given the following inventory activity, what is ending inventory using the perpetual LIFO costing method? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.) Date Unit Cost $5.00 $3.50 Beginning Balance September 17 September 24 September 29 Quantity 110 60 25 30 Purchase Sale Purchases $6.00 A. 110 units @ $5.00 and 35 units @ $3.50 and 30 units @ $6.00 B. 85 units @ $5.00 and 60 units @ $3.50 and 30 units @ $6.00 C. 175 units @ $4.73 OD. 145 units @ $4.47 and 30 units @ $6.00
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