Netta Shutters has the following inventory information. A physical count of merchandise inventory on November 30 reveals that there are 90 units on hand. Assume a periodic inventory system is used. Ending inventory under LIFO is
A)$738.
B)$792.
C)$1,740.
D)$1,794.

Question

Netta Shutters has the following inventory information.  A physical count of merchandise inventory on November 30 reveals that there are 90 units on hand. Assume a periodic inventory system is used. Ending inventory under LIFO is
A)$738. 
B)$792. 
C)$1,740. 
D)$1,794.

Quizplus · Accepted Answer

The Answer of Netta Shutters has the following inventory information.  A physical count of merchandise inventory on November 30 reveals that there are 90 units on hand. Assume a periodic inventory system is used. Ending inventory under LIFO is
A)$738. 
B)$792. 
C)$1,740. 
D)$1,794.

Netta Shutters Has the Following Inventory Information