Using LIFO, what is the ending balance in inventory? 54.BDC $8,400 79,100 58,159 Your Company...
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Using LIFO, what is the ending balance in inventory? 54.BDC $8,400 79,100 58,159 Your Company has the following transactions: - Your company sold $35,500 of its inventory for $60,000 on account, terms 2/10,n/30. - Your Company sold the irventory under FoB destination. Shipping cost $500 - Your Customer was unhappy with the condition of the merchandise, Your Company offered a $1,500 allowance against the purchase price to satisfy the customer. - Your Company was paid on day 15. What is net sales for the period? \$57,830 356,700 558,500 557.330 Your Company had cost of goods sold of $9,500 million. The beginning imventory in imventary was 51,965 million, The ending balaince in inventory was $2,213 million. What is imentory tumover? 1.06 453 455 234 4.69
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