Solve the problem. Round to the nearest dollar unless otherwise stated.A dry cleaner made the following cleaner purchases:Beginning inventory:187 units at $1.50April:407 units at $1.30May:468 units at $1.10December:176 units at $1.90Inventory at year end shows that 298 units remain. Find the inventory value using the weighted average, FIFO, and LIFO methods.
A. Weighted average: $399
FIFO: $566
LIFO: $447
B. Weighted average: $566
FIFO: $469
LIFO: $425
C. Weighted average: $566
FIFO: $469
LIFO: $447
D. Weighted average: $399
FIFO: $469
LIFO: $425
Answer: D
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+ sin
sin
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