Glasgow Enterprises started the period with 80 units in beginning inventory that cost $7.50 each. During the period, the company purchased inventory items as follows. Glasgow sold 220 units after purchase 3 for $17.00 each.PurchaseNo. of itemsCost 1200 $9.00 2150 $9.30 350 $10.50 Glasgow's ending inventory under LIFO would be:
A. $2,460.
B. $2,220.
C. $2,730.
D. $1,950.
Answer: B
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