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last Camas - Application Question #8 During March a company that uses a perpetual inventory system had beginning inventory, purchases, and sales as follows: Cost

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Camas - Application Question #8 During March a company that uses a perpetual inventory system had beginning inventory, purchases, and sales as follows: Cost per Units unit Begin Inventory 75 13 Mar 5 (Sale 43 10 Purchase 65 15 15 Sale 32 25 Sale 41 28 Purchase 50 10 31 Sale 29 Using the working paper provided 1. Prepare a schedule to show the cost of goods solids and ending inventory S using the Weighted Average cost flow assumption 2. Prepare a schedule to show the cost of goods sold $ and ending inventory S using the FIFO cost flow assumption

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