Lauer Corporation Has Provided the Following Information About One of Its

question 15

Multiple Choice

Lauer Corporation has provided the following information about one of its laptop computers: During the year,Lauer sold 750 laptop computers.
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What was ending inventory using the LIFO cost flow assumption?

• A)$40,000.
• B)$45,000.
• C)$55,000.
• D)$60,000.

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