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cant really figure out these two. rieip Save Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual
cant really figure out these two. rieip Save Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method 28 units at $20 June 1 Beginning inventory each Sale of 20 units for $50 each June 15 20 units at $25 June 29 Purchase each The cost of the ending inventory is $660 $500 $560 $400 $700 Salmone Company reported the following purchases and sales for its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using LIFO Date Activities Units Acquired at Cost Units Sold at Retail Beginning Inventory May 1 180 units @ $13 Purchase 235 units @$15 Sales 10 155 units @ $23 115 units $16 15 Purchase 105 units @ $24 Sales 24 $4,005 $4,165 $3,540 $4.060 $3.700
cant really figure out these two.
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