Question: Using the following inventory transactions, [19 Points] compute the cost of the ending inventory and cost of goods sold. Company uses perpetual LIFO Date 1-Jan

Using the following inventory transactions, [19 Points] compute the cost of the ending inventory and cost of goods sold. Company uses perpetual LIFO Date 1-Jan Units 100 Unit Cost 2.00 15-Mar Purchase 300 2 .10 19-Mar Sales 310 5-May Purchase 400 2.20 20-Jun Purchase 250 2.25 12-Jul Sales 300 SS8600 au AWN 9-Sep Purchase 50 2.30 11-Oct Purchase 150 2.28 27-Nov Sales 235

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