Question: Question 9 The inventory data for an item for April are: April 1 Inventory 5 Sold 40 units at $21 30 units 11 Purchased

Question 9 The inventory data for an item for April are: April

Question 9 The inventory data for an item for April are: April 1 Inventory 5 Sold 40 units at $21 30 units 11 Purchased 50 units at $22 18 Sold 40 units 30 Purchased 20 units at $23 Using a perpetual system, determine the ending merchandise inventory value for April if the company uses LIFO? a. $880 b. $890 c. $883 d. $900

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