Question: help me explain please 3. Beginning inventory, purchases, and sales of a commodity are presented below: Assuming that the perpetual inventory system is used, determine
help me explain please



3. Beginning inventory, purchases, and sales of a commodity are presented below: Assuming that the perpetual inventory system is used, determine the Total Cost of the Goods Sold and the Total Cost of the Ending Inventory using a) FIFO b) LIFO c) Weighted Average, d) Specific Identification that show cost of goods sold consists of 10 units from July 1 inventory, 25 units from July 9 inventory and 45 units from July 18 inventory
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