Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method. The cost of the ending inventory is
A) $200.
B) $220.
C) $380.
D) $275.
E) $300.

Question

Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method.  The cost of the ending inventory is
A) $200. 
B) $220. 
C) $380. 
D) $275. 
E) $300.

Quizplus · Accepted Answer

The Answer of Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method.  The cost of the ending inventory is
A) $200. 
B) $220. 
C) $380. 
D) $275. 
E) $300.

Given the Following Information, Determine the Cost of the Inventory