Question: QUESTION Determine the ending inventory and the COGS for the following data using a perpetual inventory system and the Last In, First Out (LIFO) method.

 QUESTION Determine the ending inventory and the COGS for the following

QUESTION Determine the ending inventory and the COGS for the following data using a perpetual inventory system and the Last In, First Out (LIFO) method. Date Item Units Cost Total Beg Inventory 5 $5 $25 September 4 Purchase 8 $6 $48 Sale 6 September 8 September 20 September 25 Purchase 15 $7 $105 Sale 12 Use the chart approach to answer the question For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I y S Paragraph Arial 14px Is - L+ ABC v 1 " 2 e X2 X2 {i} #EX: +: + 25+48-36+105-84 =58

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