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Question 29 (6 points) Ted uses a perpetual inventory system and had the following terventory transactions for the month of March March 1 On hand,

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Question 29 (6 points) Ted uses a perpetual inventory system and had the following terventory transactions for the month of March March 1 On hand, 600 units at 500 each March 3 Purchased 450 units at $100 each March 10 Sold 700 units March 17 Purchased 500 unts at $120 each March 25 Sold 400 units Ted use the LIFO Inventory coating method 1. What is the total or amount of cost of goods sold? 2. What is the total doilar amount of ending inventory A/ Previous Page Next Pace Page 29 of 3 Subelt Quilt 27 of 34 questions saved MacBook Air $ % UX 8 7 3 6 W E R T Y Y u S D F F G H V

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