need help with all working , explanation , computation , formula, with steps Beginning InventoryPurchasesJuly 13July 25Total PurchasesFIFO (Perpetual)Goods Available for SaleCost of Goods SoldUnits from Beginning InventoryUnits from July 13 PurchaseUnits from July 25 PurchaseTotal Cost of Goods SoldEnding InventoryUnitsCost perUnit$Total000Beginning InventoryPurchasesLIFO (Perpetual)July 13July 25Total PurchasesGoods Available for SaleCost of Goods SoldUnits from Beginning InventoryUnits from July 13 PurchaseUnits from July 25 PurchaseTotal Cost of Goods SoldEnding InventoryUnitsCost perUnit$Total000 Aircard Corporation tracks the number of units purchased and sold throughout each accounting period but applies its inventorycosting method at the end of each period as if it uses a perpetual inventory system. The following are the transactions for the month ofJuly.July 1July 5July 13July 17July 25July 27Beginning InventorySoldPurchasedSoldPurchasedSoldRequired AUnits2,7001,3506,7003,7008,7005,700Unit Cost,$ 47Required B51Calculate the cost of ending inventory and cost of goods sold assuming a perpetual inventory system is used in combination with (a)FIFO and (b) LIFO.57Complete this question by entering your answers in the tabs below.

Name: need help with all working , explanation , computation , formula, with
Uploaded: 2024-03-20T06:32:37.000Z
Channel: Bartleby
Description: need help with all working , explanation , computation , formula, with steps Beginning InventoryPurchasesJuly 13July 25Total PurchasesFIFO (Perpetual)Goods Available for SaleCost of Goods SoldUnits from Beginning InventoryUnits from July 13 PurchaseU