Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,650 gallons @ $8.5 per gallon

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,650 gallons @ $8.5 per gallon

Post by answerhappygod »

Inventory records for Herb's Chemicals revealed the
following:
March 1, 2021, inventory: 1,650 gallons @ $8.5 per gallon =
$14,025
Ending inventory assuming LIFO in a perpetual inventory
system would be:??
a. 10290
b. 10410
c.10470
d. 10390
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”