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Calculate the amount of ending inventory on december

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Problem 1: A company purchased 100 units for $20 each on January 31. It purchased 100 units for $30 on February 28. It sold a total of 150 units for $45 each from March 1 through December 31. If the company uses the last-in, first-out inventory costing method, calculate the amount of ending inventory on December 31. (Assume that the company uses a perpetual inventory system.)

A.) $1.500.
B.) $1.000.
C.) $1.250.
D.) $2.250.

Reference no: EM132933541

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