2/3 Purchases 900 books at #1,000 each
4/3 Purchases 590 books at # 950 each
15/3 Sales 300 books at #900 each
Calculate the cost of goods available for sale using LIFO.
#801,000
#1,100,500
#1,160,500
#1,175,500
Correct answer is D
No explanation has been provided for this answer.