Question: Please help Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales for Item 88HX are as follows: Assuming a perpetual inventory system and using the

Please helpPlease help Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales for

Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales for Item 88HX are as follows: Assuming a perpetual inventory system and using the last-in, first-out (LIFO) method, determine (a) the cost of goods sold on Jan. 27 and (b) the inventory on Jan. 31. a b Feedback Check My Work from each layer after each sale. b. The ending inventory is made up of the oldest purchases

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