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5. Inventory data for Wilson Corporation for August 2020 are as follows: August 1 Balance 75 units at $100 each August 12 Purchase 70 units
5. Inventory data for Wilson Corporation for August 2020 are as follows: August 1 Balance 75 units at $100 each August 12 Purchase 70 units at $105 each August 16 Sale 65 units August 21 Purchase 80 units at $108 each August 30 Sale 75 units Required: Calculate the ending inventory and cost of goods sold in dollars, using: A. LIFO (Perpetual) B. FIFO (Perpetual) C. Average (Perpetual)
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