SE6-9. Inventory Costing Methods and the Periodic Method Deer Company experienced the following events in...
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SE6-9. Inventory Costing Methods and the Periodic Method Deer Company experienced the following events in February: LC Date Event Total Cost $1,800 Feb. 1 Feb. 4 Feb. 9 Feb. 27 Units 100 100 100 Purchased inventory..... Sold inventory................. ... . Purchased inventory......... ... .............. Sold Inventory....... Unit Cost $18 $21 50 @ @ $2,100 If the Deer Company uses the LIFO inventory costing method, calculate the company's cost of goods sold and ending inventory as of February 28 assuming the periodic method
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