Exercise $6-8$ Alternative cost flow assumptions$-$perpetual inventory system LO$2$ e$)$ Cel

CHECK FIGURES: $3.$ COGS a$.$ $$11,388$ b$.$ $$11,484$

Head Smart sells bicycle helmets for $$130$ in a large mall. Head Smart uses a perpetual inventory system and made purchases and sales in July as follows:

$\backslash$table$[[$July $1,$Beginning inventory.,$21$ units,@$,$$$46$