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table [ [ Inventory , , Purchases,,Sales, ] , [ May 1 , 1 , 5 5 0 units at $ 4 4 ,
tableInventoryPurchases,,Sales,May units at $May units at $May unitsMay units at $May unitsMay units
Cost of Merchandise Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column.
Schedule of Cost of Merchandise Sold
LIFO Method
tabletableDateMaytableQuantityPurchasedtablePurchasesUnit CosttablePurchasesTotal CosttableQuantitySoldtableCost of MerchandiseSold Unit CosttableCost of MerchandiseSold Total CosttableInventoryQuantitytableInventoryUnit CosttableInventoryTotal CosttableMay$May:$
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