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The company uses a perpetual inventory system. REQUIRED: Determine the cost assigned to ending inventory...

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Accounting

The company uses a perpetual inventory system.
REQUIRED: Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. Each yellow cell must include a formula using cell references, EVEN IF THE FORMULA RESULT IS ZERO.
\table[[Date,\table[[Units],[purchased]],\table[[Cost per],[unit]],\table[[Total Cost],[of Purchase]],Units Sold,\table[[Selling Price],[per unit]],Total Sales],[Jan.1,Beginning inventory,420,$11,$4,620,,,],[Jan.11,Sales,,,,340,$30,$10,200
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