Strods Company reported the following purchases and sales of its only product.Strods uses a periodic inventory system.Determine the cost assigned to ending inventory using LIFO.
A)$2,260
B)$3,180
C)$2,580
D)$3,580
E)$2,100

Question

Strods Company reported the following purchases and sales of its only product.Strods uses a periodic inventory system.Determine the cost assigned to ending inventory using LIFO. 
A)$2,260 
B)$3,180 
C)$2,580 
D)$3,580 
E)$2,100

Quizplus · Accepted Answer

The Answer of Strods Company reported the following purchases and sales of its only product.Strods uses a periodic inventory system.Determine the cost assigned to ending inventory using LIFO. 
A)$2,260 
B)$3,180 
C)$2,580 
D)$3,580 
E)$2,100

Strods Company Reported the Following Purchases and Sales of Its