The Ending Inventory Assuming LIFO and a Periodic Inventory System

question 17

Multiple Choice

The ending inventory assuming LIFO and a periodic inventory system is:

• A)$1,580.
• B)$1,510.
• C)$1,575.
• D)$1,470.

---

Definitions:

Intonation

The variation of pitch in speech, which can affect the meaning of words and sentences, and convey emotions or attitudes.

Spoken Language

The use of sounds that are spoken or uttered for the purpose of communication among humans.

Grammatical Sentences

Sequences of words that are structured according to the rules of syntax and grammar of a language, making them understandable and meaningful.

Washoe

A female chimpanzee who was the subject of extensive research on animal language acquisition, known for learning American Sign Language.