Question: please can i get help with both questions? thanks!! Question 32 4 pts A record of transactions for the month of May was as follows:

please can i get help with both questions? thanks!!
please can i get help with both questions? thanks!! Question 32 4
pts A record of transactions for the month of May was as

Question 32 4 pts A record of transactions for the month of May was as follows: Purchases Sales May 1 (balance) 400 @ $4.20 May 3 200 @ $7.00 4 1,300 @ $4.10 6 1,000 @ 7.00 8 800 @$4.30 12 900 @ 7.50 14 700 @ $4.40 18 400 @ 7.50 22 1,200 @ $4.50 25 1,400 @ 8.00 29 500 @ $4.55 Assuming that perpetual inventory records are kept in dollars, the ending inventory using LIFO is: $4,735 $4,875 $4,375 $4,345 Question 29 3 pts Transactions for the month of June were: Purchases Sales June 1 (balance) 3,200 @ $3.20 June 2 2,400 @ $5.50 3 8,800 @ 3.10 6 6,400 @ 5.50 7 4,800 @3.30 9 4,000 @ 5.50 15 7.200 @ 3.40 10 1,600 @ 6.00 22 2,000 @ 3.50 18 5,600 @ 6.00 25 800 @6.00 Assuming that periodic inventory records are kept the ending inventory on a LIFO basis is: $17,880. $16,440 $16,640 $17,160

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