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What is the cost of deuces ending inventory on july

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On july 1, Deuce company had an inventory of 300 gas grills cost 100 each. purchases and sales during july are as follows

                         Purchases           Sales

July 3             100                   @125 each

July 10             50                  @ 110 each

July 17             150                  @ 130 each

July 28             50                   @ 120 each

Question 1: What is the cost of Deuces ending inventory on July 31 using the LIFO periodic method?

Reference no: EM132506579

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