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    Financial Accounting Study Set 5
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    Exam 7: Inventories
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    Use This Information to Answer the Following Question
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Use This Information to Answer the Following Question

Question 41

Question 41

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question.   A periodic inventory system is used. Ending inventory under LIFO is A)  $904. B)  $858. C)  $428. D)  $474. A periodic inventory system is used.
Ending inventory under LIFO is


A) $904.
B) $858.
C) $428.
D) $474.

Correct Answer:

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