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Given the Following Inventory Activity,what Is Ending Inventory Using the Perpetual

Question 14

Multiple Choice

Given the following inventory activity,what is ending inventory using the perpetual LIFO costing method?
Given the following inventory activity,what is ending inventory using the perpetual LIFO costing method? A) 165 units @ $4.86 B) 100 units @ $5.00 and 25 units @ $3.50 and 40 units @ $6.00 C) 125 units @ $4.50 and 40 units @ $6.00 D) 75 units @ $5.00 and 50 units @ $3.50 and 40 units @ $6.00


A) 165 units @ $4.86
B) 100 units @ $5.00 and 25 units @ $3.50 and 40 units @ $6.00
C) 125 units @ $4.50 and 40 units @ $6.00
D) 75 units @ $5.00 and 50 units @ $3.50 and 40 units @ $6.00

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