II. Find Cost of Goods Sold and Ending Inventory using LIFO - Perpetual Inventory System Jan. 1 Balance: 250 units @ $6.00 3 Purchased 300 units @ $6.35 each 4 Sold 425 units for $15.00 each 6 Purchased 600 units @ $6.45 cach 10 Sold 595 units @ $15.00 each Purchases Unit Cost of Goods Sold Unit Quantity Cost Total Cost Quantity Total Cost Date Inventory Unit Total Cost Cost 250 $6.00 $1,500 Quantity Cost Jan. 1 Balance I Total Cost of Goods Sold: Total Ending Inventory