Berring Sales Uses LIFO

question 33

Multiple Choice

Berring Sales uses LIFO. The partially completed inventory record for January appears below. On January 14, the company sold 10 units. On January 29, the company sold 50 units. Complete the inventory record through the January 14 sale, and calculate the Inventory balance after the January 14 sale. (Please round to the nearest whole dollar.)

• A)$380
• B)$330
• C)$230
• D)$228

---

Definitions:

Anticipate

To expect or predict something to happen in the future based on current knowledge or instincts.

Unpleasant Tastes

tastes that are perceived as disagreeable, off-putting, or repulsive to the taste buds.

Brain Circuitry

The complex network of interconnected neurons within the brain that underlies cognitive and physiological processes.

Diesel Fuel

A type of fuel derived from petroleum, used primarily in diesel engines, known for its efficiency and energy density.