Thelen's inventory records show the following data at January 31: Beginning inventory Jan. 1 Jan. 10 purchase Jan. 22 purchase 110 units at $6 per unit 300 units at $12 per unit 100 units at $13 per...

Thelen's inventory records show the following data at January 31:<br>Beginning inventory Jan. 1<br>Jan. 10 purchase<br>Jan. 22 purchase<br>110 units at $6 per unit<br>300 units at $12 per unit<br>100 units at $13 per unit<br>At January 31, 190 units are still on hand. What is the cost of the ending inventory at January 31 if Thelen uses the LIFO method?<br>O A. $1,140<br>O B. $2,470<br>OC. $1,620<br>O D. $1,700<br>Click to select your answer.<br>%23<br>P Type here to search<br>

Extracted text: Thelen's inventory records show the following data at January 31: Beginning inventory Jan. 1 Jan. 10 purchase Jan. 22 purchase 110 units at $6 per unit 300 units at $12 per unit 100 units at $13 per unit At January 31, 190 units are still on hand. What is the cost of the ending inventory at January 31 if Thelen uses the LIFO method? O A. $1,140 O B. $2,470 OC. $1,620 O D. $1,700 Click to select your answer. %23 P Type here to search

Jun 10, 2022

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Thelen's inventory records show the following data at January 31: Beginning inventory Jan. 1 Jan. 10 purchase Jan. 22 purchase 110 units at $6 per unit 300 units at $12 per unit 100 units at $13 per...

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