What is shakira cost of goods sold using lifo

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Question - Shakira Companies inventory of widgets is as follows:

Beginning inventory 10 widgets at $50 each

March 4 purchased 6 widgets at 55 each

March 12 sold 8 widgets at 100 each

March 20 purchased 9 widgets at 60 each

March 27 sold 7 widgets at 105 each

March 30 purchased 4 widgets at 65 each

Required - What is Shakira's cost of goods sold using LIFO perpetual method?

Reference no: EM133132643

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