A company 8 units of inventory at a cost of $12 each on November 1.On November 2,the company purchased 13 units at $13 each.On November 6,the company purchased 9 units at $14 each.On November 8,the company sold 24 units for $57 each.Given this information,determine the cost of the 24 units sold using the LIFO periodic inventory method.
A)$307
B)$319
C)$336
D)$415
E)$442

Question

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The Answer of A company 8 units of inventory at a cost of $12 each on November 1.On November 2,the company purchased 13 units at $13 each.On November 6,the company purchased 9 units at $14 each.On November 8,the company sold 24 units for $57 each.Given this information,determine the cost of the 24 units sold using the LIFO periodic inventory method.
A)$307
B)$319
C)$336
D)$415
E)$442

A Company 8 Units of Inventory at a Cost of $12