Question: Brief Exercise 6 - 6 ( Algo ) Determine the cost of goods sold and ending inventory using LIFO ( LO 6 - 3 )

Brief Exercise 6-6(Algo) Determine the cost of goods sold and ending inventory using LIFO (LO6-3)
During the year, Wright Company sells 450 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year.
\table[[,,Number of,Unit,Total],[Date,Transaction,Units,Cost,Cost],[January 1,Beginning inventory,50,$81,$4,050
Brief Exercise 6 - 6 ( Algo ) Determine the cost

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