Question: 10 LIFO FIFO 2016, 9.39 AM pter Chapter 10 Practice Pfeifer Company maintains a perpetual inventory system and reported the followis the month of June

of June June 11 Beginning inv Sale $101 106 500 600 450

10 LIFO FIFO 2016, 9.39 AM pter Chapter 10 Practice Pfeifer Company maintains a perpetual inventory system and reported the followis the month of June June 11 Beginning inv Sale $101 106 500 600 450 900 850 160 1,000 980 4Purchase 108 11 Purchase 14 |Sale 17 Sale 25 Purchase 30 Sale 110 Assuming Pteifer sells each unit of inventory for $150 calculate the following for the of soods sold, gross margin and ending inventory for June assuming LIFO Date Purchases Cost of Sales inventory Balance

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