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Discuss perpetual inventory using lifo

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Perpetual Inventory Using LIFO

We should create a chart. Please help me. Beginning inventory, purchases, and sales data for prepaid cell phones for July are as follows:

Inventory   Purchases   Sales  
July 1 3,800 units at $20 July 10 1,900 units at $22 July 12 2,660 units
    July 20 1,710 units at $24 July 14 2,280 units
        July 31

1,140 units

Reference no: EM131794197

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