Question: The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Las Lemus, Inc. for an operating period Units

period Units Unit Cost Total Cost Units Sold 32 $36 $1.152 Beginning

The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Las Lemus, Inc. for an operating period Units Unit Cost Total Cost Units Sold 32 $36 $1.152 Beginning Inventory Sale No. 1 Purchase No. Sale No. 2 Purchase No. 2 Totals 10 28 40 1,120 32 20 38 760 Assuming Las Lemus,.Inc uses LiFO periodic inventory procedures, the ending inventory cost is: Select one d) A. $1.392 B. $1.326 C.$1.444 D. $1,480

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