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3009 4 57 Werlow York-04.00 Question 13 View Policies Current Attempt in Progress Oriol has the following inventory data: July 1 Beginning inventory 5 Purchases

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3009 4 57 Werlow York-04.00 Question 13 View Policies Current Attempt in Progress Oriol has the following inventory data: July 1 Beginning inventory 5 Purchases 14 Sale 21 Purchases 30 Sale 34 units at $67 202 units at $63 134 units 101 units at $65 unit Assuming that a perpetual inventory system is used, what is the ending Inventory on a LIFO basis for July? $7005 $7017 $7053 $7305 e Textbook and Media Se for later Assignment sent to Gradebook. Your grade is being recorder Assignment sent to Gradebook. Your grade is being recorder 20208488 ET44:57:16 (America/New York-04:00) Question 12 View Policies Current Attempt in Progress Sheridan has the following inventory data: July 1 Beginning inventory 5 Purchases 14 Sale 21 Purchases 30 Sale 25 units at $50 151 units at $47 101 units 76 units at $49 71 units Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for July? $8238 $8178 $8226 $8428 e Textbook and Media

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