In the following LIFO periodical method,
In the following LIFO periodical method, how do i know how much they sold the units for?
Compute the ending inventory using LIFO for both the periodic and the perpetual methods below: units price
1-Jan Beginning inventory 3,500 $3.00
14-Jan Bought 1,500 $3.15
5-Feb Sold 1,000
22-Feb Bought 2,000 $3.20
7-Mar Sold 1,500
15-Mar Sold 2,000
5-Apr Bought 1,000 $3.25
10-Apr Sold 800
12-Apr Sold 800
22-Apr Sold 500
4-May Sold 600
10-May Bought 2,000 $3.30
25-May Sold 500