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