cost of goods

Perpetual Imventory using tiro Beginining inventory, purchases, and sales for Item 88+4x are as follows: Assuming a perpetual inventary system and using the last-in, first-our (LIFO) method, determine (a) the cost of goods sold on ban. 27 and (b) the inventory con kan. 31. a. Cost of goods sold on Jan. 27 b. Imventory on tan.31