Classic Floors has the following inventory data: Assuming that a perpetual inventory system is used, what is the value of ending inventory on a LIFO basis for July?
A)$931.20
B)$1,404.00
C)$708.00
D)$472.80

Question

Classic Floors has the following inventory data:  Assuming that a perpetual inventory system is used, what is the value of ending inventory on a LIFO basis for July?
A)$931.20 
B)$1,404.00 
C)$708.00 
D)$472.80

Quizplus · Accepted Answer

The Answer of Classic Floors has the following inventory data:  Assuming that a perpetual inventory system is used, what is the value of ending inventory on a LIFO basis for July?
A)$931.20 
B)$1,404.00 
C)$708.00 
D)$472.80

Classic Floors Has the Following Inventory Data: Assuming That