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Using the following information, find FIFO periodic COGS and LIFO perpetual COGS. Beginning Inventory - 20 units @ $3 May 1 Purchase - 24 units

Using the following information, find FIFO periodic COGS and LIFO perpetual COGS.

Beginning Inventory - 20 units @ $3

May 1 Purchase - 24 units @ $3.25

May 3 Sale - 35 units

May 7 Purchase - 57 units @ $ 3.50

May 9 Sale - 30 units

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