Marigold Corp has the following inventory data July 1 Beginning inventory 23 units at $15 $345 7 Purchases 82 units at $19 1558 22 Purchases 12 units at $17 204 $2107 A physical count of merchandise inventory on July 30 reveals that there are 37 units on hand Using the LIFO inventory method, the amount allocated to ending inventory for July is

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Question: Marigold Corp. has the following inventory data: July 1 Beginning inventory 23 units at $15 $345 7 Purchases 82 units at $19 1558 22 Purchases

Marigold Corp. has the following inventory data:

July 1	Beginning inventory	23 units at $15	$345
7	Purchases	82 units at $19	1558
22	Purchases	12 units at $17	204
			$2107

A physical count of merchandise inventory on July 30 reveals that there are 37 units on hand. Using the LIFO inventory method, the amount allocated to ending inventory for July is

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