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Fitimonov Inc. has the following information related to purchases and sales of one of its imventory iters: Refer to the information for Flimonov Inc, and

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Fitimonov Inc. has the following information related to purchases and sales of one of its imventory iters: Refer to the information for Flimonov Inc, and assume that the company uses a perpetual inventory system. This information has been colleded in the Microsoft Excel Ondine fle. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Required: Calculate the cost of goods sold and the cost of ending inventory using the Lifo inventory costing method. Cost of goods sold Cost of ending inventory

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