Snug-As-A-Bug Blankets has the following inventory data: 
Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis for July?
Definitions:
Opportunity Cost
Discarding possible profits from other actions upon committing to one course.
Avatar
A graphical representation of a user or the user's character or persona, commonly used in virtual worlds, online games, and forums.
Tattoo
Permanent marks or designs made on the body by inserting pigment through pricks into the skin's dermis layer.
Microwave Oven
A kitchen appliance that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range.
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