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-   -   LIFO perpetual inventory method (https://www.askmehelpdesk.com/showthread.php?t=721489)

  • Dec 8, 2012, 02:47 PM
    Nlopez94
    LIFO perpetual inventory method
    Given the following information determine the cost of the inventory at June 30 using LIFO perpetual inventory method.
    JUNE 1. Beginning inventory 15 units at $29 each
    JUNE 15. Sales of 6 units for $50 each
    JUNE 29. Purchase if 8 units at $15 each.
    The cost if the ending inventory is?
  • Dec 8, 2012, 04:43 PM
    paraclete
    I'm sure there are many threads on this site on this subject why don't you use the search function to research them

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