calculate value of endinh inventory and costs of goods

Project Description:

using a lifo perpetual cost flow, calculate the value of the ending inventory and the cost of goods sold for the month of november of beamer company using the data below.

nov 1 purchased 600 units $80 each

nov 4 sold 200 units

nov 11 purchased 350 units $82 each

nov 12 sold 275 units

nov 22 purchased 175 units $84 each

nov 23 sold 155 units

calculate the following:

1. inventory valuation at the end of november

2. calculate the cost of goods sold for november
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Price Type: Negotiable

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