Question: Seved Help Save Ch Shown below is activity for one of the products of Denver Office Equipment January 1 balance 670 units 560 per unit
Seved Help Save Ch Shown below is activity for one of the products of Denver Office Equipment January 1 balance 670 units 560 per unit 540,200 Purchases: January 10: 670 units $54 per unit January 20: 1,060 units eso per unit Salest January 121 900 units January 28 100 units Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses LIFO and a perpetual inventory system $ Ending inventory Cost of goods sold 42.000 97,980 $
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