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Problem 1: Assume how inc, began September with 70 units of inventory that cost a total of $ 1,050. during September, hoc Inc, purchased and sold goods as follows : September 6 purchased 105 units of $ 17 each, September 15 sold 140 units @ $ 34 each, September 22 purchased 130 units at $ 10 each, September 30 sold 80 units at $ 28 each. hoc Inc uses perpetual inventory. under the LIFO inventory method, how much is HPC's cost of inventory on hand after the sale on September 30?
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