Question: using lifo asap please help Beginning inventory, purchases, and sales data for widgets are as follows: Apr. 3 15 units $30 Inventory Purchase 11 -12
Beginning inventory, purchases, and sales data for widgets are as follows: Apr. 3 15 units $30 Inventory Purchase 11 -12 units $27 E 14 Sale 18 units 21 Purchase $25 25 Sale 10 units Complete the subsidiary inventory ledger assuming the business maintains a perpetual inventory system and calculates the cost of merchandise sold and ending inventory using LIFO Cost of Purchases Merchandise Sold Inventory Date Qty Unit Cost Total Cost Qty Unit Cost Total Cost Qty Unit Cost Total Cost Apr. 3 11 14 21 Total Cost of merchandise sold Ending inventory value. 7 units @ 0 0 25 Time Homeining: 4.5 Pre
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