Yakir Company began business on August 1, 2004.During August, Yakir made the following purchases:
Calculate Yakir's August 31 ending inventory under the FIFO and LIFO cost flow assumptions.

Question

Yakir Company began business on August 1, 2004.During August, Yakir made the following purchases:
  Calculate Yakir's August 31 ending inventory under the FIFO and LIFO cost flow assumptions.

Quizplus · Accepted Answer

The Answer of Yakir Company began business on August 1, 2004.During August, Yakir made the following purchases:
  Calculate Yakir's August 31 ending inventory under the FIFO and LIFO cost flow assumptions.

Yakir Company Began Business on August 1, 2004