Multiple Choice
Glasgow Enterprises started the period with 80 units in beginning inventory that cost $7.50 each. During the period, the company purchased inventory items as follows: Glasgow sold 220 units after purchase 3 for $17.00 each.
What is Glasgow's ending inventory under LIFO?
A) $2,730
B) $2,460
C) $2,220
D) $1,950
Correct Answer:

Verified
Correct Answer:
Verified
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