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PURCHASES SALES Units Cost/Unit Units $sale/unit Beg Inventory 400 $20 Apr. 6 purchase 240 24 Apr 11 360 40 Apr. 18 purchase 420 26 Apr

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PURCHASES SALES Units Cost/Unit Units $sale/unit Beg Inventory 400 $20 Apr. 6 purchase 240 24 Apr 11 360 40 Apr. 18 purchase 420 26 Apr 28 500 41 Calculate the cost of Goods Sold for each of the above sales for a perpetual inventory system under each of the following methods (entries are not required): LIFO

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