Beginning balances as of 12/1/14 Purchase Date # of Units Cost per Unit Total Cost 500 300 200 $ 4/17 Beginning Inventory 6/1 Beginning Inventory 8/22 Beginning Inventory 10/1 Beginning Inventory 335 167,500 340 102,000 346 69,200 350$35,000 360 180,000 365 146,000 375 150,000 376 37,600 380 76,000 385 107,800 1,071,100 500 S 400 400 100 $ 200$ 12/6 Purchase 12/10 Purchase 12/18 Purchase 12/19 Purchase 12/24 Purchase 12/30 Purchase Totals 2,980 Cost of Goods Sold (Perpetual LIFO # of Units Date of Sale Units Sold Cost per Unit: Total Cost 250 200 185 300 305 165 250 12/1 Sale 12/3 Sale 12/7 Sale 12/9 Sale 12/11 Sale 12/12 Sale 12/13 Sale 12/20 Sale 12/21 Sale 12/26 Sale 12/31 Sale 320 235 180 2,700 Total units sold 12/21 12/21 Updated Inventory Totals (after sales Purchase Date # of Units Cost per Unit Total Cost 500 $ 300 $ 200 4/17 Beginning Inventory 335167,500 340102,000 346 69,200 350$35,000 360 180,000 365 146,000 375 150,000 376 37,600 380 76,000 385107,800 1,071,100 6/1 Beginning Inventory 8/22 Beginning Inventory Total COGS S 10/1 Beginning Inventory 500 $ 400 $ 400 $ 100 $ 200$ 12/6 Purchase 12/10 Purchase 12/18 Purchase 12/19 Purchase 12/24 Purchase 12/30 Purchase Balanced? (if 0 or - Totals 2,700