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QUESTION 12 Suppose that David had the following transactions for his business inventory of widgets (purchase prices below) Wident Puche Date Direct Cost Other Costs

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QUESTION 12 Suppose that David had the following transactions for his business inventory of widgets (purchase prices below) Wident Puche Date Direct Cost Other Costs Total Cost 01 August 15 52100 5 100 5 2.200 2 October 30 $2,200 5150 $ 2350 WS November 10 $ 1 000 5 100 52.000 in toto December, David sold widget #2 WM cont of goods sold would David record the elects o use the LIFO mod this year? QUESTION 13 Supporthal David the following transactions for his business inventory of widos proces below) Widot Purchase Date Dret Cost Other Costs total. Cost Mt 15 $2,100 $ 100 5 2.200 October 30 $2,200 $150 52.350 November 10 $1.500 $100 $ 2.000 in de cube, David Will Wing inventory would recorded to use the method this year

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