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table [ [ Date , Activities,Units Acquired at Cost,Units Sold at Retail ] , [ August 1 , Beginning inventory, 1 9 0 units

\table[[Date,Activities,Units Acquired at Cost,Units Sold at Retail],[August 1,Beginning inventory,190 units @ $10=$1,900,],[August 5,Purchase,130 units @ $12=$1,560,],[\table[[August 10],[August 15]],\table[[Sale],[Purchase]],,150 units sold],[August 25,Sale,,140 units sold]]
Use the above information to calculate ending inventory using LIFO for a company that uses a perpetual inventory system.
\table[[Date,Goods purchased,Cost of Goods Sold,Inventory Balance],[\table[[\table[[Number of],[units]]]],\table[[Cost per],[unit]],\table[[Number],[of units],[sold]],\table[[\table[[Cost per],[unit]]]],\table[[Cost of Goods],[Sold]],\table[[Number of],[units]],Cost per unit,Inventory Balance],[August 1],[August 5],[,,,,,,,,],[Total August 5],[\table[[Total August 5],[August 10]]],[,,,,,,,,],[,,,,,,,,],[August 15],[{
\table[[August 15],[Total August 15]]}],[{
\table[[Total August 15],[August 25]]}],[,],[Total August 25,,,,,,,,],[,,,,,,,,]]
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