Units Unit Cost Inventory, January 1 10,000 $9.20 Purchases: June 18 9,000 8.00 November 8 6,000...

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Units Unit Cost Inventory, January 1 10,000 $9.20 Purchases: June 18 9,000 8.00 November 8 6,000 7.25 A physical inventory on

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Answer 1

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under (LIFO (last in first out) The goods purchased last are sold first. =) No. of units Sold - Available for sale - closing

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Answer 2

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