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Use the Following Information for Questions 114 Through 118

Question 51

Multiple Choice

Use the following information for questions 114 through 118.
The following data concerning the retail inventory method are taken from the financial records of Welch Company. Use the following information for questions 114 through 118. The following data concerning the retail inventory method are taken from the financial records of Welch Company. -Assuming no change in the price level if the LIFO inventory method were used in conjunction with the data, the ending inventory at cost would be A) $127,800. B) $126,000. C) $122,400. D) $129,600.
-Assuming no change in the price level if the LIFO inventory method were used in conjunction with the data, the ending inventory at cost would be


A) $127,800.
B) $126,000.
C) $122,400.
D) $129,600.

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