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Perpetual inventory using Lipo beginning inventory purchases and sales item follows July 1...

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Accounting

Perpetual inventory using Lipo beginning inventory purchases and sales item follows
July 1 inventory 100 units at $18
July 8 Sale 80 units.
July 15 purchase 111 units at $22
July 27 Sale 93 units.
assuming a perpetual inventory system and using the last-in, first- out(LIFO) method, determine
(a)the cost of July 27 and
(b)the invrntory on July 31
a.cost of Goods sold on July 27?
b. inventory on July 31?

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