Question: Soru 8. Please calculate the ending inventory amount using LIFO inventory valuation methods with the following production and sales figures Beginning inventory was zero at
Soru 8. Please calculate the ending inventory amount using LIFO inventory valuation methods with the following production and sales figures Beginning inventory was zero at January 1, 2019. Operating expenses for the same year were TRY 1250.000. The following purchases were made during 2019 Month Per Unit Cost January 150 10.000 1.500.000 March 150 11.000 1650.000 June 250 12.000 3.000.000 October 400 15.000 6.000.000 December 300 14.000 4.200.000 Total 1.250 16,350,000 There are 500 items sold during a year with the fixed sales price of TRY 16,000 per unit A 9100 3 9150 C 10600 D 10000
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