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possible

xam $2$

$($s$)$ possible

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$\backslash$table$[[$Jun$.1,$Beginning merchandise inventory,$15$ units @ $$30$ each$],[$Jun$.12,$Purchase,$8$ units @ $$31$ each$],[$Jun$.20,$Sale,$14$ units @ $$37$ each$],[$Jun$.24,$Purchase,$17$ units @ $$32$ each$],[$Jun$.29,$Sale,$20$ units @ $$37$ each$]]$

Requirements $1.$

O inventory costing method, $(2)$ LIFO

inventory costing $r$

he nearest cent and all other amounts to

Begin by determin

Plus:

Less:

Cost of goods sold

Now compute the gross profit under each inventory costing method.

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