Use the data below to answer the questions that follow. Round your final responses to the nearest whole dollar. Date S Description Beg. Inventory 27/01 7/03 7/05 7/14 7/21 7/30 $ $ LA $0 +A Purchase Sale Purchase Sale Purchase Using the FIFO Method (perpetual), complete the following: the Cost Of Goods Sold for the 7/05 sale SA Units 20 80 = $ 50 The selling price for both 7/05 and 7/21 was $40 per unit. Enter whole dollars only, do not enter the dollar sign, do not enter commas for amounts over 999 40 30 90 Unit Cost = the Cost Of Goods Sold for the 7/21 sale Using the LIFO Method (perpetual), complete the following: = the Cost Goods Sold for the 7/05 sale = the dollar amount of Ending Inventory (on 7/31) $12 = the Cost Of Goods Sold for the 7/21 sale the dollar amount of Ending Inventory (on 7/31) $13 $14

Use the data below to answer the questions that follow Round your final responses to the nearest whole dollar