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D Question 22 5 pts Stone & Co. shows the following data related to an item of inventory: Inventory, January 1 Purchase, January 9 Purchase,

D Question 22 5 pts Stone & Co. shows the following data related to an item of inventory: Inventory, January 1 Purchase, January 9 Purchase, January 19 Inventory, January 31 Instructions 300 units @ $5.00 900 units @$5.40 210 units @ $6.00 300 units (a) What value should be assigned to the ending inventory using FIFO? (b) What value should be assigned to cost of goods sold using LIFOimage text in transcribed

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