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Waterway Shutters has the following inventory information. Nov. 1 Inventory 60 units @ $7.008 Purchase...

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Accounting

Waterway Shutters has the following inventory information. Nov. 1 Inventory 60 units @ $7.008 Purchase 100 units @ $8.0017 Purchase 40 units @ $9.0025 Purchase 100 units @ $7.00 A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand. Assume a periodic inventory system is used. Ending inventory under LIFO is $1702. $700. $740. $1648.

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