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Question 99

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The following represents the inventory of Kailey Company for the month of April:
Use the following information to answer: The following represents the inventory of Kailey Company for the month of April: -Assuming a periodic inventory system is used by Kailey Company, what is ending inventory under LIFO? A) $ 9,600 B) $13,200 C) $ 6,400 D) $ 8,400
-Assuming a periodic inventory system is used by Kailey Company, what is ending inventory under LIFO?


A) $ 9,600
B) $13,200
C) $ 6,400
D) $ 8,400

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