Current Attempt in Progress Transactions for the month of July for Shelly's Bookstore were as follows: July (a) 1 (balance) 8 22 Purchases 30 $7.3 $7.40 $7.60 250@ $7.75 600 @ 1,200 @ 700 @ July Assuming that periodic inventory records are kept. Sales 3 350@ 12 900 @ $9.5 $9.75 25 800@ $10.00 27

Current Attempt in Progress Transactions for the month of July for Shelly's Bookstore were as follows: Assuming that periodic inventory records are kept. Determine the ending inventory and cost of goods sold using LIFO method. (Round answers to 2 decimal places, es.52.75.) Ending inventory Cost of goods sold Determine the ending inventory and cost of goods sold using average cost method. (Round overage cost per unit and final answers to 2 decimal places, eg 52.75. Ending inventory Cost of goods sold Your answer is partially correct. Determine the ending inventory and cost of goods sold using FIFO method. (Round answers to 2 decimal places, es. 52.75.) Ending inventory Cost of goods sold