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Unyl Snores X C Search Tex AssignmentMain.do?invoker&take AssignmentSessionLocator=&inprogress=false 14 Google Calendar Q camrynshores Q... O Mail - Camryn Sh... My Communities. My Home CS -

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Unyl Snores X C Search Tex AssignmentMain.do?invoker&take AssignmentSessionLocator=&inprogress=false 14 Google Calendar Q camrynshores Q... O Mail - Camryn Sh... My Communities. My Home CS - Calculator Cornerstone Exercise 6-23 (Algorithmic) Inventory Costing: LIFO Bordeaux Company has the following information related to purchases and sales of one of its inventory items: Date Description Units Purchased at Cost Units Sold at Retail June 1 Beginning Inventory 150 units @ $10 = $1,500 9 Purchase 1 200 units $12 - $2,400 14 Sale 1 300 units $25 22 Purchase 2 250 units @ $14 = $3,500 29 Sale 2 225 units $25 Assume that Bordeaux Company uses a perpetual inventory system. Required: Calculate the cost of goods sold and the cost of ending inventory using the LIFO inventory costing method. Cost of goods sold s 7,400 Cost of ending inventory S 1,050 OCT 20 W 15 A OM )))

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