单选题
An analyst acquires the following information regarding a company:
|
|
Units |
Unit Price |
|
Beginning Inventory |
559 |
$1.00 |
|
Purchases |
785 |
$5.00 |
|
Sales |
848 |
$15.00 |
|
Purchases Sales |
$ 3191 per annum |
+$20 |
What are the
earnings before taxes using the FIFO Method and the LIFO Method?
FIFO LIFO
①A. $
7525 $ 5541
②B. $ 7525 $
5818
③C. $ 6700 $ 5818