Chapter $6$ Homework assignment take frame ere available for sale during the calendar year:

$\backslash$begin$\{$tabular$\}\{$lll$\}$

Jan. $1$ & Inventory & $4,200$ units at $\backslash$$$42\backslash \backslash$

Apr. $19$ & Sale & $2,800$ units $\backslash \backslash$

June $30$ & Purchase & $4,400$ units at $\backslash$$$44\backslash \backslash$

Sept. $2$ & Sale & $5,200$ units $\backslash \backslash$

Nov. $15$ & Purchase & $1,900$ units at $\backslash$$$45$

$\backslash$end$\{$tabular$\}$

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.

Open spreadsheet illustrated in Exhibit $4.$ Under LIFO, if units are in inventory at two or more different costs, enter the units with the LOWER unit cost first in the Inventory Unit Cost column.

Schedule of Cost of Goods Sold LIFO Method

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline Date & Purchases Quantity & $\backslash$begin$\{$tabular$\}\{$l$\}$

Purchases $\backslash \backslash$

Unit Cost

$\backslash$end$\{$tabular$\}$ & $\backslash$begin$\{$tabular$\}\{$l$\}$

Purchases $\backslash \backslash$

Total Cost

$\backslash$end$\{$tabular$\}$ & Cost of Goods Sold Quantity & Cost of Goods Sold Unit Cost & Cost of Goods Sold Total Cost & $\backslash$begin$\{$tabular$\}\{$l$\}$

Inventory $\backslash \backslash$

Quantity

$\backslash$end$\{$tabular$\}$ & $\backslash$begin$\{$tabular$\}\{$l$\}$

Inventory $\backslash \backslash$

Unit Cost

$\backslash$end$\{$tabular$\}$ & $\backslash$begin$\{$tabular$\}\{$l$\}$

Inventory $\backslash \backslash$

Total Cost

$\backslash$end$\{$tabular$\}\backslash \backslash$

$\backslash$hline Jan. $1$ & & & & & & & & $\backslash$$ & $\backslash$$ $\backslash \backslash$

$\backslash$hline Apr. $19$ & & & & & $\backslash$$ & & & & $\backslash \backslash$

$\backslash$hline June $30$ & & $\backslash$$ & $\backslash$$ & & & & & & $\backslash \backslash$

$\backslash$hline Sept. $2$ & & & & & & & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$ Sept. $2$

Chapter $6$ Homework assignment take frame

Nov. $15$

Dec. $31$

Balances

$\backslash$$