Calculate ending inventory at Sept 30 using LIFO Pearl Co. sells a...
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Accounting
Calculate ending inventory at Sept 30 using LIFO
Pearl Co. sells a snowboard, EZside, that is popular with snowboard enthusiasts. Below is information relating to Pearl Co.'s purchases of month, 100 slide snowboards were sold slide snowboards during September. During the same Units Unit Cost Date Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Inventory Purchases Purchases Purchases $107 110 Total Cost $1,070 5.080 5.439 2.800 112 Totais $14,369 Additional data regarding the company's sales of Zuide snowboards are provided below. Assume that Pearl Couses a perpetual Inventory system Units Sale Sept. 5 Sept. 16 Sale Sept. 29 Sale Totais
Calculate ending inventory at Sept 30 using LIFO

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