19. The Beta Corporation made the following purchases of Product XX during the current year: Jan.

19. The Beta Corporation made the following purchases of Product XX during the current year: Jan.

19. The Beta Corporation made the following purchases of Product XX during the current year: Jan. 1.. 200 units at $6.50 Mar. 1. 175 units at $8.00 Aug. 1. 225 units at $12.00 Nov. 1. 150 units at $14.00There was no beginning inventory, but ending inventory consisted of 225 units.If Beta uses the LIFO inventory method, what would be the cost of the endingInventory?


Comments are closed.