Question: Please explain where you get the numbers. For example. if using an inventory to find the missing number of units on #15, you'd do 60-30=30

 Please explain where you get the numbers. For example. if using

Please explain where you get the numbers. For example. if using an inventory to find the missing number of units on #15, you'd do 60-30=30 units

Inventory Costing Methods-Perpetual Method The Lippert Company uses the perpetual inventory system. The following July data are for an item in Lippert's inventory July 1 Beginning inventory 30 units S9 per unit 0 units 510 per unit 10 Purchased 5 Sold 26 Purchased 60 units 25 units 511 per unit Calculate the cost of goods sold for the July 15 sale using(a) first-in, first-out(b) last-in, first-out, and the weighted-average cost methods. Round your final answers to the nearest dollar. For weighted-average cost, do not round the weighted-average unit cost. A. First-in, First-out Cost of Goods Sold 570 B. Last-in, first-out: Cost of Goods Sold C. Weighted-average cost: Cost f Goods Sold

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