Sj68 are as follows.
Aug. 1 Inventory 28 units at $34
8 Sale 15 units
15 Purchase 22 units at
30 Sale 20 units
Assuming a perpetual inventory system and using the last-in, first-out (LIFO) method, determine the cost of merchadise sold on Aug 30th and the ending inventory in dollars for the month of Aug. Please help in this two part question.
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02-24-2008, 05:15 PM #1james rGuest
Accounting Beginning inventory, Purchaces and sales for Item (Details below)?
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