Sunny's Tanning Beds Inc. uses the periodic inventory system and has provided the following information:...
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Accounting
Sunny's Tanning Beds Inc. uses the periodic inventory system and has provided the following information: Date Transaction Number of Units Cost Per Unit 1/1 Beginning Inventory 410 $205 4/2 Purchase 130 $215 9/15 Purchase 50 $220
During the year, Sunny sold 520 Tanning Beds.What was the ending inventory using the LIFO cost flow assumption?
$69,700
$11,000
$14,350
$15,400
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