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Inventory Costing: LIFO Inventory Costing: LIFO Filimonov inc, has the following information related to purchases and sales of one of its inventory items: Refer to

Inventory Costing: LIFO

Inventory Costing: LIFO Filimonov inc, has the following information related to purchases and sales of one of its inventory items: Refer to the information for Flimonov Inc. and assume that the company uses a perpetual inventory system. This information has been collected in the Microsoft Excel Online file. Open the spreadsheot, perform the required analysis, and input your answers in the question beiow. Open spreadshet Requiredt Calculate the cost of goods sold and the cost of anding inventory using the LFO inventory costing method

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