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Inventory Costing: LFO Filimonov Inc. has the following information related to purchases and
sales of one of Its inventory items: Refer to the information for Flimonov Inc. and assume that
the company uses a perpetual inventory system. This information has been collected in the
Microsoft Excel Oniline file. Open the spreadsheet, perform the required analysis, and input your
answers in the question below. Open spreadsheet Required: Calculate the cost of goods sold and
the cost of ending inventory ising the Lifo imentory costing method.

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Inventory Costing LFO Filimonov Inc. has the following information r.pdf

  • 1. Inventory Costing: LFO Filimonov Inc. has the following information related to purchases and sales of one of Its inventory items: Refer to the information for Flimonov Inc. and assume that the company uses a perpetual inventory system. This information has been collected in the Microsoft Excel Oniline file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Required: Calculate the cost of goods sold and the cost of ending inventory ising the Lifo imentory costing method.