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Green Company uses the perpetual inventory system and the LIFO method. The following information is available for the month of June: ents June 1 Beginning
Green Company uses the perpetual inventory system and the LIFO method. The following information is available for the month of June: ents June 1 Beginning inventory Purchase 20 units @ $5 10 20 units @ $8 15 Sales 15 units 18 Purchase 10 units @ $9 21 Sales 15 units 30 Purchase ring 10 units @ $10 T Prepare a schedule to show cost of goods sold and the value of the ending inventory for the month of June. * When entering number of units, do NOT indicate it with a decimal place. Number of units should be a whole number. For example, if it is 10 units, you need to type 10 and NOT 10.00 When typing your responses for amounts do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. Cost of Goods Sold Date Transaction Number of Units Cost Total Cost $ $ June 15 Sale X $ Units $ June 21 Sale 10 Units x X $ $ = $ Units $ Units Cost of Goods Sold Ending Inventory Date Number of Units Cost Total Cost June 1 X $ $ Units June 30 X $ Units $ Units Ending Inventory
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