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Answer is not complete. Perpetual LIFO: Goods purchased Cost of Goods Sold Inventory Balance Date Cost # of units # of units per sold
Answer is not complete. Perpetual LIFO: Goods purchased Cost of Goods Sold Inventory Balance Date Cost # of units # of units per sold Cost per unit Cost of Goods Sold # of units unit Cost per unit Inventory Balance January 11 60 at $2.50 January 9 Total January 9 100 at $ 2.64 January 25 Total January 25 at 60 at $ 2.50 = 150 S 150 at 60 at $ 250 150 100 S at S 264 = 264 $ 414 100 at $2.64 $ 264 at January 26 60 at $ 2.50 150 at $ 2.50 = at $ 2.64 Total January S 414 26
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