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please answer question 8 and 9. Both questions use the same chart Question 8 (two points). Show your work. Calculate the ending inventory, assuming that
please answer question 8 and 9. Both questions use the same chart
Question 8 (two points). Show your work. Calculate the ending inventory, assuming that the company uses the LIFO inventory method. There are 61 units in ending inventory Cost per unit Money value of all units combined 425.00 Units Beginning inventory 25 17.00 First purchase during the year 33 18.00 594.00 Second purchase during the year 40 19.00 760.00 Third purchase during the year 32 21.00 672.00 Goods available for sale 130 2,451.00 1 Question 9 (two points). Show your work. Calculate the cost of goods sold, assuming that the company uses the LIFO inventory method. There are 61 units in ending inventory Cost per unit Money value of all units combined 425.00 Beginning inventory Units 25 17.00 First purchase during the year 33 18.00 594.00 Step by Step Solution
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