Question: 7 Using the LIFO inventory method, what is the cost of goods sold? 2 Purchase $ per Date Activity Units unit Total cost Beginning 875
7 Using the LIFO inventory method, what is the cost of goods sold? 2 Purchase $ per Date Activity Units unit Total cost Beginning 875 $48 $42.000 1-Jan balance 10-Jan Purchased 630 $46 $28.980 13-Feb Purchased 940 S52 $48.880 Cost of goods available for sale $119,860 ve Units available for sale 2.445 15-Feb Sold Selling $ per Units unit 1,825 $75 $89,466 $87,620 $90,100 $77,860 MacBook Air F2 F4 F5 DII F8 F7 F9
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