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Date January 1 January 10 January 20 Total January 20 January 25 Total January 25 Goods Purchased # of units Cost per unit 80 at

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Date January 1 January 10 January 20 Total January 20 January 25 Total January 25 Goods Purchased # of units Cost per unit 80 at $ 6.50 200 at $ 6.00 Perpetual LIFO: Cost of Goods Sold # of units sold 110 80 at 2 Cost per Cost of Goods unit Sold ? $ 7.50 $ 825.00 $ 6.50 $ 520.00 $ 7.50 0.00 5 520.00 jemn DE = Inventory Balance Cost per Inventory Balance $ 7.50 Im 1,125.00 $ 7,50 = 300.00 $ 7.50 300.00 $ 6.50 520.00 820.00 $ 7.50 0 at $ 6.50 $ 7.50 # of units 150 at 40 40 80 at ****** 2 S LA FA Date January 1 January 10 January 20 Total January 20 January 25 Total January 25 Goods Purchased # of units Cost per unit 80 at $ 6.50 200 at $ 6.00 Perpetual LIFO: Cost of Goods Sold # of units sold 110 80 at 2 Cost per Cost of Goods unit Sold ? $ 7.50 $ 825.00 $ 6.50 $ 520.00 $ 7.50 0.00 5 520.00 jemn DE = Inventory Balance Cost per Inventory Balance $ 7.50 Im 1,125.00 $ 7,50 = 300.00 $ 7.50 300.00 $ 6.50 520.00 820.00 $ 7.50 0 at $ 6.50 $ 7.50 # of units 150 at 40 40 80 at ****** 2 S LA FA Date January 1 January 10 January 20 Total January 20 January 25 Total January 25 Goods Purchased # of units Cost per unit 80 at $ 6.50 200 at $ 6.00 Perpetual LIFO: Cost of Goods Sold # of units sold 110 80 at 2 Cost per Cost of Goods unit Sold ? $ 7.50 $ 825.00 $ 6.50 $ 520.00 $ 7.50 0.00 5 520.00 jemn DE = Inventory Balance Cost per Inventory Balance $ 7.50 Im 1,125.00 $ 7,50 = 300.00 $ 7.50 300.00 $ 6.50 520.00 820.00 $ 7.50 0 at $ 6.50 $ 7.50 # of units 150 at 40 40 80 at ****** 2 S LA FA

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