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Date Activities Units Acquired at Cost Units Sold at Retail August 1 Beginning inventory 2 1 0 units @ $ 1 0 = $ 2

Date Activities Units Acquired at Cost Units Sold at Retail
August 1 Beginning inventory 210 units @ $10= $2,100
August 5 Purchase 150 units @ $12= $1,800
August 10 Sale 170 units sold
August 15 Purchase 180 units @ $13= $2,340
August 25 Sale 160 units sold
Use the above information to calculate ending inventory using LIFO for a company that uses a perpetual inventory system.

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