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Question 5 Assume Emma has the following purchases of inventory during her first month of operations Cost per unit First Purchase Second Purchase Number of

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Question 5 Assume Emma has the following purchases of inventory during her first month of operations Cost per unit First Purchase Second Purchase Number of Units 370 190 Assuming Emma sells 304 units at $10 each, what is her cost of goods sold if she uses LIFO? Question 6 Assume Hadley has the following purchases of inventory during her first month of operations Number of Units 213 Cost per unit First Purchase Second Purchase Assuming Hadley sells 278 units at $11 each what is the value of her ending inventory if she uses LIFO

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