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petual Inventory system. (5*2-10) 3. Whole Foods Market had a beginning inventory on January 1 of 100 units of Product at a con of $15
petual Inventory system. (5*2-10) 3. Whole Foods Market had a beginning inventory on January 1 of 100 units of Product at a con of $15 per unit. During the year, the following purchases were made. February 15:200 units at $13 April 4: 250 units at $16 July 20: 150 units at $14 December 16: 100 units at $12 580 units were sold. Whole Foods Market uses a periodic inventory system. Page 14 Instructions Determine (1) the ending inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO). (5*2=10)
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