The beginning inventory, purchases, and sales for Link Company for April are as follows: Date Description...

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The beginning inventory, purchases, and sales for Link Company for April are as follows: Date Description Units Cost per Unit 4/1 Inventory Purchase $12.00 $13.00 $15.50 200 4/12 600 4/19 Purchase 300 4/23 Sale 700 N/A 4/28 Sale 50 N/A Link Company uses a perpetual inventory system. Determine the ending inventory cost AND cost of merchandise sold using a PROPER perpetual inventory record under the following cost flow methods: 1. First-in, first out (FIFO) method 2. Last-in, first out (LIFO) method 3. Weighted-average cost method The beginning inventory, purchases, and sales for Link Company for April are as follows: Date Description Units Cost per Unit 4/1 Inventory Purchase $12.00 $13.00 $15.50 200 4/12 600 4/19 Purchase 300 4/23 Sale 700 N/A 4/28 Sale 50 N/A Link Company uses a perpetual inventory system. Determine the ending inventory cost AND cost of merchandise sold using a PROPER perpetual inventory record under the following cost flow methods: 1. First-in, first out (FIFO) method 2. Last-in, first out (LIFO) method 3. Weighted-average cost method

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