Exhibit 8-3 Davilo Co - Refer to Exhibit 8-3

question 39

Multiple Choice

Exhibit 8-3 Davilo Co.had the following inventory activity during April:
$\begin{array}{lll}&&\text { Unit }\\&\text { Units }&\text { Cost }\\\text { Beginning inventory } & 100 & \$ 8 \\\text { Purchase (Apri1 3) } & 60 & 12 \\\text { Sale (April 10) } & 80 & \\\text { Purchase (Apri1 18) } & 50 &15 \\\text { Purchase (Apri1 23) } & 80 &18 \\\text { Sale (Apri 28) } & 100 &\end{array}$
- Refer to Exhibit 8-3.Assuming Davilo uses a perpetual LIFO cost flow assumption, ending inventory at April 30 would be

• A)$ 880
• B)$ 920
• C)$1, 090
• D)$1, 890

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