The following information has been gathere
问题:
The following information has been gathered about a firm: LIFO inventory = $10000 Beginning LIFO reserve = $ 2500 Ending LIFO reserve = $ 4000 LIFO cost of goods sold=$15000 LIFO net income = $1500 Tax rate is 40% What is the FIFO COGS
A.
A. $16500. |
B.
B. $13500. |
C.
C. $11000. |