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3 Part 2 of 4 1 points Required information Exercise 6-4B Calculate inventory amounts when costs are rising (LO6-3) [The following information applies to
3 Part 2 of 4 1 points Required information Exercise 6-4B Calculate inventory amounts when costs are rising (LO6-3) [The following information applies to the questions displayed below] During the year, a company has the following inventory transactions. Unit 03:52:03 Date: Transaction Number of Units Cost Total Cost Jan. 1 Beginning inventory 54 $46 $ 2,484 Apr. 7 Purchase) 134 48 6,432 Jul.16 Purchase 204 51 10,404 eBook Hint Print References a Oct. 6 Purchase For the entire year, the company sells 440 units of inventory for $64 each. 114 52 5,928 506 $25,248 Exercise 6-4B Part 2 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Available for Sale Cost of Goods Sold Cost of Ending Inventory
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