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Question 102

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On September 1, the beginning inventory for Anisha Company was 110 units at $150 each. Purchases and sales during September were:
Use the following information to answer: On September 1, the beginning inventory for Anisha Company was 110 units at $150 each. Purchases and sales during September were: -What is the cost of ending inventory for Anisha Company on September 30 if the periodic LIFO costing method is used? A) $21,840 B) $16,560 C) $19,860 D) $19,500
-What is the cost of ending inventory for Anisha Company on September 30 if the periodic LIFO costing method is used?


A) $21,840
B) $16,560
C) $19,860
D) $19,500

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