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sales february: 10 units May: 11 units September: 9 units november: 12 units smpany had the following purchases and sales during its first year of
sales february: 10 units May: 11 units September: 9 units november: 12 units smpany had the following purchases and sales during its first year of operations: December 31 , there were 25 units remaining in ending inventory. (Assume all sales were le on the last day of the month.) Using the perpetual FIFO inventory costing method, what is the value of cost of goods sold? $ Using the perpetual FIFO inventory costing method, what is the value of ending inventory? $ Using the perpetual LIFO inventory costing method, what is the value of cost of goods sold? $ Using the perpetual LIFO inventory costing method, what is the value of ending inventory? \$ A company had the following purchases and sales during its first year of operations: On December 31, there were 25 units remaining in ending inventory. (Assume all sales were made on the last day of the month.) 1. Using the perpetual FIFO inventory costing method, what is the value of cost of goods sold? $ 2. Using the perpetual FIFO inventory costing method, what is the value of ending inventory? $ 3. Using the perpetual LIFO inventory costing method, what is the value of cost of goods sold? \$ 4. Using the perpetual LIFO inventory costing method, what is the value of ending inventory? \$
sales
february: 10 units
May: 11 units
September: 9 units
november: 12 units
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