The following information relates to inventory for Happy Eddie Incorporated: Date Transaction March 1 Beginning Inventory...

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The following information relates to inventory for Happy Eddie Incorporated: Date Transaction March 1 Beginning Inventory March 7 Purchase March 12 Purchase $170 $55 $110 $70 Quantity Unit Total Cost $2 $40 $ 3 $45 $4 $80 20 15 20 A physical count revealed 30 units remained on hand at March 31. At what amount would Happy Eddie report its ending inventory using LIFO cost flow assumption? The following information relates to inventory for Happy Eddie Incorporated: Date Transaction March 1 Beginning Inventory March 7 Purchase March 12 Purchase $170 $55 $110 $70 Quantity Unit Total Cost $2 $40 $ 3 $45 $4 $80 20 15 20 A physical count revealed 30 units remained on hand at March 31. At what amount would Happy Eddie report its ending inventory using LIFO cost flow assumption?

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