Inventory Costing: LIFO Filimonov Inc. has the following information related to purchases and sales of one of its inventory items: Date June 1 9 X 14 22 Description 29 Beginning inventory Purchase 1 Sale 1 Purchase 2 Sale 2 Units Purchased at Cost Open spreadsheet 240 units @ $13 = $3,120 200 units @ $16 = $3,200 230 units @ $18 = $4,140 215 units @ $25 Refer to the information for Filimonov Inc. and assume that the company uses a perpetual inventory system. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in t Units Sold at Retail 250 units @ $25 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

Inventory Costing: LIFO Filimonoy Inc. has the following information related to purchases and sales of one of its inventory items: Refer to the information for Filimonov Inc. and assume that the company uses a perpetual inventory system. This information has been collected in the Mierosoft Excel Online fie, Open the spreadsheet, perform the required analysis, and input your answers in Required: Catcufate 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