Question: Illusions, Inc. had the following inventory data: Date Unit Cost $54 $52 July 1 July 4 July 7 July 11 July 14 Quantity 5 10

Illusions, Inc. had the following inventory data: Date Unit Cost $54

Illusions, Inc. had the following inventory data: Date Unit Cost $54 $52 July 1 July 4 July 7 July 11 July 14 Quantity 5 10 12 Beginning inventory Purchase Sale Purchase Sale 9 $60 8 Assuming LIFO, what is the ending inventory after the July 14 sale? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.) O A. $216 B. $240 C. $222 D. $213

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