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Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for prepaid cell phones for December are as follows: table [ [ Inventory ,

Perpetual Inventory Using LIFO
Beginning inventory, purchases, and sales data for prepaid cell phones for December are as follows:
\table[[Inventory,,Purchases,,Sales,],[Dec.1,3,800 units at $37,Dec. 10,1,900 units at $39,Dec. 12,2,660 units],[,,Dec. 20,1,710 units at $41,Dec. 14,2,280 units],[,,,Dec. 31,1,140 units,]]
Schedule of Cost of Goods Sold
LIFO Method Prepaid Cell Phones
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