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LIFO METHOD Read the Requirement 2. Compute the cost of goods sold cost of chandise ventory, and gross prengtheLIFO Inventory method Begin by computing the

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Read the Requirement 2. Compute the cost of goods sold cost of chandise ventory, and gross prengtheLIFO Inventory method Begin by computing the cost of goods and cost of ending merchandise inventoring the LIFOwory to Enter the transactions in the order acting wayhandsch transaction Once of the transactions have been entered into the perpetual record take the quantity and forces of merchandisinyahadad and in hand at the end of the Free Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Cost Date Quantity Dec. 1 Cost Quantity Cost Cost Quantity Cost Cost Dec. 8 Dec. 14 Dec. 21 Totals i More Info - Soo Unit os Dec. 1 Beginning merchandise inventory Sale Dec. 8 14 units @ $11 each 8 units @ $24 each 17 units @ $14 each 16 units @ $24 each Dec. 14 Purchase Dec. 21 Sale Print Done F

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