Question: Moon Enterprises sells its product for $ 2 2 . 1 6 per unit and uses the LIFO, perpetual method for tracking inventory costs. The
Moon Enterprises sells its product for $ per unit and uses the LIFO, perpetual method for tracking inventory costs.
The following sequence of events has occurred during the month of February.
Date Event
Feb Beginning Inventory: units @ $unit
Feb Purchase units @ $unit
Feb Sell units
Feb Purchase units @ $unit
Feb Sell units
Feb Purchase units @ $unit
round all calculations to the hundredths place; enter your answer rounded to the hundredths place
What is the total value of inventory on February
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