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The periodic inventory records of Wexton Prosthetics indicate the following for the month of December: (Click the icon to view the inventory records.) At December

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The periodic inventory records of Wexton Prosthetics indicate the following for the month of December: (Click the icon to view the inventory records.) At December 31, Wexton counts five units of inventory on hand. Compute ending merchandise inventory and cost of goods sold for Wexton using the LIFO inventory costing method. LIFO Cost Ending Merchandise Inventory Cost of Goods Sold 8 units @ $ 45 each 1 Beginning merchandise inventory 8 Purchase 10 units @ $ 54 each 13 units @ $ 55 each 15 Purchase 15 units @ $ 61 each 26 Purchase

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