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Calculate the inventory valuation at the end of november

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Question - Using a LIFO perpetual cost flow, calculate the value of the ending inventory and the cost of goods sold for the month of November of Beamer Company using the data below.

Nov 1 Purchased - 600 units $80 each

Nov 4 Sold - 200 units

Nov 11 Purchased - 350 units $82 each

Nov 12 Sold - 275 units

Nov 22 Purchased - 175 units $84 each

Nov 23 Sold - 155 units

Calculate the Inventory valuation at the end of November.

Reference no: EM132107052

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