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Perpetual inventory using LIFO The following units of a particular item were available for sale during the calendar year: table [ [ Jan .

Perpetual inventory using LIFO
The following units of a particular item were available for sale during the calendar year:
\table[[Jan.1,Inventory,4,300 units at $41
illustrated in Exhibit 4. Under LIFO, if units are in inventory at two or more different costs, enter the units with the LOWER unit cost first in the Inventory Unit Cost column.
Schedule of Cost of Goods Sold
LIFO Method
Jan. 1
Apr. 19
June 30
Sept. 2
Nov. 15
Dec. 31
Balances
$
$
Perpetual inventory using LIFO
The following units of a particular item were available for sale during the calendar year:
\table[[Jan.1,Inventory,4,300 units at $41

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