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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
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 six units of inventory on hand. Compute ending merchandise inventory and cost of goods sold for Wexton using the LIFO inventory costing method. Ending Merchandise Inventory Cost of Goods Sold Data table $ LIFO Cost 210 Dec. 1 Beginning merchandise inventory Dec. 8 Purchase Dec. 15 Purchase Dec. 26 Purchase 9 units @ $35 each 8 units @ $30 each 12 units @ $44 each 16 units @ $42 each Print Done
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