The Following Data Represent the Beginning Inventory And, in Order

Multiple Choice

The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Fiskie, Inc., for an operating period.

-Assuming Fiskie, Inc., uses LIFO periodic inventory procedures, the ending inventory cost is:

A) $1,056
B) $1,080
C) $1,272
D) $1,488
E) None of the above