Assume that $9,000 of finished goods were on hand at May 1. Under the LIFO method of inventory valuation, finished goods inventory at May 31 was $___________ if 9,500 cases of mustard were sold in May.

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The Answer of Assume that $9,000 of finished goods were on hand at May 1. Under the LIFO method of inventory valuation, finished goods inventory at May 31 was $___________ if 9,500 cases of mustard were sold in May.

Assume That $9,000 of Finished Goods Were on Hand at May