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Problem 2 Beginning inventory, purchases and sales data for computer chips for June are as follows: Instructions a. Assuming that the perpetual inventory systems is

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Problem 2 Beginning inventory, purchases and sales data for computer chips for June are as follows: Instructions a. Assuming that the perpetual inventory systems is used, costing by the LIFO method determine the total purchases, cost of goods sold and ending inventory using the template below. GOSTOGOS b. Assuming that the perpetual inventory systems is used, costing by the FIFO method determine the total purchases, cost of goods sold and ending inventory using the template below. c. Assuming that the perpetual inventory systems is used, costing by the Weighted average method determine the total purchase cost of goods sold and ending inventory using the template below

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