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29. The following data are available for Anderson Inc. for the year ending12/31/2020: Beginning inventory .900 units @ $7 Purchase on Feb 1st 200 units
29. The following data are available for Anderson Inc. for the year ending12/31/2020:
Beginning inventory .900 units @ $7
Purchase on Feb 1st 200 units @ $9
Purchase on May 1st 600 units @ $11
Purchase on Sept 1st ...400 units @ $13
Sales 1,100 units
a. Calculate COGS and Ending Inventory under the LIFO method (show work).
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