Show your skill using the LIFO inventory costing method..... BJ Inc....
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Show your skill using the LIFO inventory costing method..... BJ Inc. made the following four inventory purchases in June: A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Therefore, the company sold 800 units during the reporting period. Using the LIFO method, the dollar amount to push out of inventory to Cost of Goods Sold expense for the 800 units sold on June 30 is: \begin{tabular}{|l} \hline$6,315 \\ \hline$1,250 \\ \hline$5,500 \end{tabular}
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