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9 0 1 Date Jan. 1 Beginning inventory Jan. 11 Sales Jan. 15 Purchase Jan. 17 Sales Jan. 21 Purchase Jan. 23 Sales Totals Units
9 0 1 Date Jan. 1 Beginning inventory Jan. 11 Sales Jan. 15 Purchase Jan. 17 Sales Jan. 21 Purchase Jan. 23 Sales Totals Units purchased 260 390 440 1,090 Cost per unit $14 17 +7, Total Cost of Purchase $3,640 6,630 8,360 $18,630 Units Sold Selling Price Total Sales per unit 210 310 400 920 $40 $40 $40 $8,400 12,400 16,000 $36,800
whats the ending inventory - perpetual LIFO
\begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multicolumn{2}{|l|}{ Date } & \begin{tabular}{|c|} Units \\ purchased \end{tabular} & Costperunit & TotalCostofPurchase & Units Sold & SellingPriceperunit & Total Sales \\ \hline Jan. 1 & Beginning inventory & 260 & $14 & $3,640 & & & \\ \hline Jan. 11 & Sales & & & & 210 & $40 & $8,400 \\ \hline Jan. 15 & Purchase & 390 & 17 & 6,630 & & & \\ \hline Jan. 17 & Sales & & & & 310 & $40 & 12,400 \\ \hline Jan. 21 & Purchase & 440 & 5 & 8,360 & & & \\ \hline Jan. 23 & Sales & & & & 400 & $40 & 16,000 \\ \hline & Totals & 1,090 & & $18,630 & 920 & & $36,800 \\ \hline & & & & & & & \\ \hline \end{tabular} Step by Step Solution
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