Question: Stannard PC Plus, Inc. repairs & sells new computers. The ending balance in the inventory account on September 3 0 , 2 0 1 2

Stannard PC Plus, Inc. repairs & sells new computers. The ending balance in the inventory
account on September 30,2012 was 8 units at $265 per unit. The company uses a perpetual
inventory system and has the following transactions during October 2012.
Create a perpetual inventory record assuming LIFO inventory costing.
Purchases
Cost of Goods Sold
Inventory on Hand
Dates
Quantity
Unit Cost
Total Cost
Quantity Unit Cost Total Cost
Quantity
Unit Cost
Total Cost
Stannard PC Plus, Inc. repairs & sells new computers. The ending

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