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Robert Tringale: Attempt 1 FIB-3 Alpha Company uses the perpetual inventory system and had the following inventory &sales activity for the month of May 2016

Robert Tringale: Attempt 1 FIB-3 Alpha Company uses the perpetual inventory system and had the following inventory &sales activity for the month of May 2016 Date Quantity Unit Price 100 $10 $11 $25 $13 $35 $15 Beginning Inventory 200 5/5 Purchase 5/10Sales 5/15 Purchase 5/20 Sales 5/25 Purchase 200 300 300 150 Using the LIFO method, determine the dollar values following for the month of May: 1. Ending Inventory

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