C chrome extension://bpmcpldpdmaj figpchkicefoigmkfalc/views/app.html ACC T 2110 MILLER FALL 2015 ASSIGNED HOMEWORK 5.docx File Edit Format Help List Paragr... Arial The following data are available for one of the products sold by Brown Company July 1Beginning inventory, 1,000 units at $2 each 5Purchased 2,000 units at $2.75 each 10 Sold 2,500 units 15 Purchased 2,000 units at $4 each 25 Sold 1,500 units 1. Calculate costof goods sold for July assuming FIFO is used under a perpetual inventory system. 2. Calculate ending inventory on July 31st assuming LIFO is used under a perpetual inventory system. 3. Calculate ending inventory on July 31st assuming FIFO is used under a periodic inventory system. 4. Calculate cost of goods sold for July assuming LIFO is used under a periodic inventory system. A X Download a share 5 9:38 F