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Walter has discovered that selling dog beds is more lucrative. Walter's Wonderful Store has the following inventory information and transactions for its inventory of
Walter has discovered that selling dog beds is more lucrative. Walter's Wonderful Store has the following inventory information and transactions for its inventory of dog beds: 6/2 6/15 6/21 6/27 6/29 6/30 Beginning inventory Purchases Sales Purchases Purchases Sales Sales Quantity Price 400 30 200 28 125 50 80 25. 100 32 175 48 140 55 Using this information, calculate the Cost of Goods Sold, and Ending Inventory under the LIFO method. Type your answer using numbers only -- do not include commas or dollar signs. (For example, if your answer is $12,435, you should enter 12345; round to the nearest dollar and do not include cents.) Cost of goods sold: Ending inventory (units): Ending inventory (value):
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