2 pictures since irs a long question

r item were available for sale during the calendar year: an ase sat 154 sin sse iventory system. Determine the cost of goods sold for fe after each sale, assuming the last-in, first-out form illustrated in Exhibit 4. Under LIFO, if units are in it costs, enter the units with the LOWER unit cost first in Perpetual inventory using LIFO The following units of a particular item were available for sale during the calendar year: The firm maintains a perpetual inventory system. Determine the cost of goods sold for each sale and the inventory balance after each sale, assuming the last-in, first-out method. Present the data in the form illustrated in Exhibit 4. Under LIFO, if units are in inventory at two or more different costs, enter the units with the LOWER unit cost first in the Inventory Unit Cost column