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Q: An end of the month (1/31/2012), inventory showed that 140 units were on hand. If the company uses LIFO, what is the value of the ending inventory? A. $737 B. $700 C. $762 D. $1,380
A: There is not enough information to answer this question. I need to know dates the inventory was purchases and what they cost.
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User: An end of the month (1/31/2012), inventory showed that 140 units were on hand. If the company uses LIFO, what is the value of the ending inventory? A. $737 B. $700 C. $762 D. $1,380

Weegy: There is not enough information to answer this question. I need to know dates the inventory was purchases and what they cost.
debnjerry|Points 43932|

User: 23) Dobler Company uses a periodic inventory system. Details for the inventory account for the Units Per unit price Total Balance, 1/1/2012 200 $5.00 $1,000 Purchase, 1/15/2012 100 5.3 530 Purchase, 1/28/2012 100 5.5 550

Weegy: B. $700
anterp|Points 605|

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Asked 2/13/2013 1:47:37 PM
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