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How to solve A company has the following: Dec. 1 Beginning inventory...

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Accounting

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A company has the following:
Dec. 1 Beginning inventory 15 units at $60
Dec. 5 Purchases 90 units at $56
Dec. 14 Sale 60 units
Dec. 21 Purchases 45 units at $58
Dec. 30 Sale 42 units
Assuming that a perpetual inventory system is used, what is the ending on a LIFO basis for December?
$2,748
$5.796
$2,574
$2,754
$2,772
A company has the following:
Dec. 1 Beginning inventory 15 units at $60
Dec. 5 Purchases 90 units at $56
Dec. 14 Sale 60 units
Dec. 21 Purchases 45 units at $58
Dec. 30 Sale 42 units
Assuming that a perpetual inventory system is used, what is the ending on a LIFO basis for December?
$2,748
$5.796
$2,574
$2,754
$2,772
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