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UUOI-CI Calcu question A company has the following information: Click the icon to view the information.) The company uses a perpetual inventory system. (a) Assume

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UUOI-CI Calcu question A company has the following information: Click the icon to view the information.) The company uses a perpetual inventory system. (a) Assume the FIFO inventory costing method: cost of goods sold for the year is sm (b) Assume the LIFO inventory costing method: cost of ending inventory is $ Sales in Units Transaction Units 38,000 Unit Cost $ 3.90 Total Cost $ 148,200 4.00 172,000 4.50 Beginning inventory 1/1 Purchases February 8 March 15 April 10 Subtotal Units Sold - April 22 at $16 May 9 43,000 100,000 64,000 218.000 450,000 307.200 4.80 $ 1,077,400 156,000 80,000 4.90 392,000 Print Done Kipants showing Your overall recorded score is 0%. core: 0 of 10 pts 7 of 14 (6 comple i Data Table 27,000 140,400 5.20 352,000 $ 1,609,800 113,000 June 19 Subtotal Units Sold - August 11 at $17 September 20 October 30 November 17 Subtotal Units Sold - December 21 at $18 Total available for sale Total units sold 21,000 42,000 12,000 427,000 5.30 5.40 5.50 111,300 226,800 66,000 2,013,900 $ 25,000 427,000 (294000) Print Done air parts showing recorded score is 0%

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