Under the LIFO cost flow assumption,the cost of this item to be included as inventory in the company's year-end balance sheet is:
A)$36,000.
B)$42,000.
C)$36,500.
D)$37,500.

Question

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The Answer of Under the LIFO cost flow assumption,the cost of this item to be included as inventory in the company's year-end balance sheet is:
A)$36,000.
B)$42,000.
C)$36,500.
D)$37,500.

Under the LIFO Cost Flow Assumption,the Cost of This Item