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Assume Yellow Shirt, Inc., bought and sold a line of mountain bikes during October as follows: (Click the icon to view the data.) Yellow

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Assume Yellow Shirt, Inc., bought and sold a line of mountain bikes during October as follows: (Click the icon to view the data.) Yellow Shirt, Inc., uses the perpetual inventory system. Read the requirements. Requ Start have FIFO Oct Data table - X ogical order, calcula nventory purchasec Date Item Quantity Unit Cost and Oct 1 Balance 8 $ 310 Total 5 Sale 5 Cost 12 Purchase 20 $ 295 21 Sale 15 30 Sale + Print Done Requirement 2. Compute the cost of goods sold under LIFO. Start hy entering the beginning

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