Question: Se9. Using the data in SE2, calculate the cost of ending inventory and cost of goods sold according to the LIFO method under the perpetual

Se9. Using the data in SE2, calculate the cost of and cost of goods sold according to the LIFO method under the perpetual inventory system.
In SE2, Assume the following data with regard to inventory for VeganCompany:

Aug. Inventory 40 units @ $10 per unit 400 550 420 $1,370 8 Purchase Purchase 50 units $11 per unit 35 units @$12 per unit 22 Goods available for sale 125 units 45 units 25 units 55 units Aug. 15 Sale 28 Sale Inventory, Aug. 31

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