Miller Inc. is a wholesaler of office supplies. The activity for Model III calculators during August is shown below:
See information for Miller Inc. above. If Miller Inc. uses a LIFO cost perpetual inventory system, the ending inventory of Model III calculators at August 31 is reported as
A) $146,400.
B) $150,080.
C) $150,160.
D) $152,960.
Correct Answer:
Verified
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