The periodic inventory records of Synthetix Prosthetics indicate the following for the month of July:

$($Click the icon to view the inventory records.$)$

At July $31,$ Synthetix counts four units of inventory on hand.

Compute ending merchandise inventory and cost of goods sold for Synthetix using the LIFO inventory costing method.

LIFO Cost

Ending Merchandise Inventory

Cost of Goods Sold

Data table

Jul. $1$ Beginning merchandise inventory

Jul. $8$ Purchase

Jul. $15$ Purchase

Jul. $26$ Purchase

$8$ units @ $$25$ each

$15$ units @ $$20$ each

$15$ units @ $$32$ each

$12$ units @ $$35$ each

Time Remaining: $01$:$15$:$34$

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