Number Cost per purchased January 1 inventory 51 unit $ 3 Total $ 153 April 1...

 

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Number Cost per purchased January 1 inventory 51 unit $ 3 Total $ 153 April 1 71 6 426 June 1 61 7 427 November 1 66 8 528 249 $ 1,534 a. Calculate the cost of ending inventory using the LIFO (ending inventory shows 72 units). Cost of ending inventory b. Calculate the cost of goods sold using the LIFO (ending inventory shows 72 units). Cost of goods sold Number Cost per purchased January 1 inventory 51 unit $ 3 Total $ 153 April 1 71 6 426 June 1 61 7 427 November 1 66 8 528 249 $ 1,534 a. Calculate the cost of ending inventory using the LIFO (ending inventory shows 72 units). Cost of ending inventory b. Calculate the cost of goods sold using the LIFO (ending inventory shows 72 units). Cost of goods sold