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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 four 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 0 Data Table Dec 1 Beginning merchandise inventory 8 Purchase 15 Purchase 26 Purchase 6 units @ $ 60 each 5 units @ $67 each 10 units @ $ 70 each 5 units @ $ 85 each Print Done
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