Multiple Choice
A company had the following purchases and sales during its first year of operations: 
On December 31,there were 26 units remaining in ending inventory.
-Using the periodic LIFO inventory costing method,what is the cost of the ending inventory? (Assume all sales were made on the last day of the month.)
A) $3,405.
B) $3,270.
C) $3,200.
D) $3,364.
E) $5,400.
Correct Answer:
Verified
Correct Answer:
Verified
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