Calculate the cost of ending inventory using period LIFO

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Reference no: EM132757713

Question - The following information is for Old Corp. Company during the month of June 2018

Beginning inventory 5,000 units at a cost of $13 each

During the month of March purchased an additional 6,000 units at $14.50 each

During the month of march sold 1,906 units

Required - Calculate the cost of ending inventory using period LIFO?

a. 18,100

b. 17,250

c. 13,600

d. 17,400

Reference no: EM132757713

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