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30 November, 03:04

The table below displays the purchases that Graphic DesignWorks made from

a manufacturer this year for hats. If Graphic DesignWorks uses LIFO, and it

has 100 hats left in its inventory, what is the value of its current stock?

Month of Number

Purchase of hats

June 50

July

75

August 100

September 75

Price

per hat

$12

$14

$10

$13

O A. $1225

O B. $1300

O c. $1200

O D. $1150

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Answers (1)
  1. 30 November, 05:52
    0
    Answer: A P E X $1250
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