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  3. filimonov inc. has the following information relat

Filimonov Inc. has the following information related to purchases and sales of one of its...

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Accounting

image Filimonov Inc. has the following information related to purchases and sales of one of its inventory items: Refer to the information for Filimonov Inc. and assume that the company uses a perpetual inventory system. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Required: Calculate the cost of goods sold and the cost of ending inventory using the LIFO inventory costing method. Filimonov Inc. has the following information related to purchases and sales of one of its inventory items: Refer to the information for Filimonov Inc. and assume that the company uses a perpetual inventory system. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Required: Calculate the cost of goods sold and the cost of ending inventory using the LIFO inventory costing method

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