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FIFO and LIFO costs under perpetual inventory system The following units of an item were available for sale during the year: The firm uses the

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FIFO and LIFO costs under perpetual inventory system The following units of an item were available for sale during the year: The firm uses the perpetual inventory system, and there are 6,800 units of the tem on hand at the end of the year. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analyss, and input your answers in the questions below: FIFO and LIFO costs under perpetual inventory system The following units of an item were available for sale during the year: The firm uses the perpetual inventory system, and there are 6,800 units of the tem on hand at the end of the year. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analyss, and input your answers in the questions below

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