me nouncements ey Course sources dules izzes t ignments Iness Central ple des Tutor Library 2 Question 2 Date July 1 July 12 July 19 July 26 Explanation Inventory Purchases Purchases Purchases Totals FIFO method: Units 20 35 15 40 110 LIFO method: Unit Cost $120 125 128 130 Instructions: Use Dollar Signs and Commas with your answers Compute the ending inventory at July 30 and cost of goods sold using the This is the inventory record for a surfboard company. The company sold 88 surfboards during the month of July. This company uses the periodic inventory system. 30 pts Total Cost $ 2,400 4,375 1,920 5,200 $13,895

This is the inventory record for a surfboard company. The company sold 88 surfboards during the month of July. This company uses the periodic inventory system. Instructions: Use Dollar Signs and Commas with your answers Compute the ending inventory at July 30 and cost of goods sold using the FIFO method: LIFO method