What is the perpetual lifo ending inventory balance, Accounting Basics

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What is the perpetual lifo ending inventory balance

The following information is available for Lyle corporation for the month of June

beginning inventory 8units at $20 = $160
Purchased, june 3 5 units at $22 = $110
Purchased, June 5 7 units at $24 = $168
sold, June 9 9 units
Purchased, June 15 8 units at $26 -= $208
sold, june 19 7 units

Given this information, what is the perpetual LIFO ending inventory balance ?

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Accounting Basics: What is the perpetual lifo ending inventory balance

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Accounting Basics: What is the perpetual lifo ending inventory balance

Reference No:- TGS089774

Recent Questions Asked Accounting Basics

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