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for lifo Intercontinental, incorporated, uses a perpetual inventory system. Consider the following...

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Accounting

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Intercontinental, incorporated, uses a perpetual inventory system. Consider the following information about its inventory: August 1 , purchased 10 units for $910 or $91 per unit; August 3, purchased 15 units for $1,590 or $106 per unit; August 14, sold 20 units; August 17 , purchased 20 units for $2,300 or $115 per unit; August 28 , purehased 10 units for $1,190 or $119 per unit; August 30 , sold 23 units. Using LIFO, the cost of goods sold for the sole of 23 units on August 30 is and the inventory bolance of August 30 is

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