Left Images Printing uses perpetual LIFO in valuing its inventory. The March 1 inventory was 36 units at $6 each. Purchases and sales during March were as follows: The cost of the ending inventory was
A) $424
B) $312
C) $330
D) $286

Question

Left Images Printing uses perpetual LIFO in valuing its inventory. The March 1 inventory was 36 units at $6 each. Purchases and sales during March were as follows:  The cost of the ending inventory was
A) $424 
B) $312 
C) $330 
D) $286

Quizplus · Accepted Answer

The Answer of Left Images Printing uses perpetual LIFO in valuing its inventory. The March 1 inventory was 36 units at $6 each. Purchases and sales during March were as follows:  The cost of the ending inventory was
A) $424 
B) $312 
C) $330 
D) $286

Left Images Printing Uses Perpetual LIFO in Valuing Its Inventory