Question: I need help with this accounting problem and it is using the LIFO method. I was only able to get two correct. TIA! X Cut
I need help with this accounting problem and it is using the LIFO method. I was only able to get two correct. TIA!




X Cut - 10 - A A == LE 82 Wrap Text Arial Conditional Forn Copy Formatting - Paste BIUM . A = = = Merge & Center-$ - % 9 168 -98 Format Painter Font Alignment Number Clipboard K20 G Inventory Purchases Cost of Merchandise Sold Total Unit Total Unit Total Unit Cost Quantity Cost Cost Quantity Cost Cost Date Quantity Cost 7,500 $75.00 562,500 $ 562,500 1.912,500 28 30 24 Feb. 5 16 28 Mar. 5 39 14 Pr. 7-2A Ready Type here to search a OLito perpetual inventory Obj . 2 , 3 10 The beginning inventory at Midnight Supplies and data on purchases and sales THEIR day Q for a three - month period are shown in Problem 7- 1A Excel Instructions 1 show 1 . Record the inventory , purchases , and cost of merchandise sold data in a HOW i it perpetual inventory record similar to the one illustrated in Exhibit 4 , using the 1 4 1 last - in , first - out method 1 1 BROWN 2 . Determine the total sales , the total cost of merchandise sold , and the gross profit from sales WOW for the period Answer | 3 . Determine the ending inventory cost as of March 31
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