Use the following information to answer:
The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Quebec, Inc. for an operating period.

-Assuming Quebec, Inc. uses LIFO periodic inventory procedures, the ending inventory cost is:

Question

Use the following information to answer:
The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Quebec, Inc. for an operating period.
 
-Assuming Quebec, Inc. uses LIFO periodic inventory procedures, the ending inventory cost is:

Quizplus · Accepted Answer

(32 x $54) + (6 x $60) = $2,088

Use the Following Information to Answer