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From the following, calculate the cost of ending inventory and cost of goods sold for the LIFO method, ending inventory is 53 units. Note: Round
From the following, calculate the cost of ending inventory and cost of goods sold for the LIFO method, ending inventory is 53 units. Note: Round your answers to the nearest cent. Beginning inventory and purchases January 1 April 10 May 15 July 22 August 19 September 30 November 10 December 15 Cost of ending inventory Cost of goods sold Units 5 10 12 15 18 20 32 16 Unit cost $ 1.10 1.60 2.10 2.35 3,10 3.30 3.50 3.90
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