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Question 7 June 1 Beginning balance 200 58 $1,600 June 12 Purchase 300 $ $2.100 June 15 Sale 400 59 53,600 June 23 Purchase 500

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Question 7 June 1 Beginning balance 200 58 $1,600 June 12 Purchase 300 $ $2.100 June 15 Sale 400 59 53,600 June 23 Purchase 500 56 S2000 June 25 Sale 300 39 $2.700 June 29 Purchase 100 55 $ 500 What is the cast of Goods Sold using the FIFO perpetual method Columns represent units cost per unit and total cost respectively, 52.900 54900 52100 54200

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