please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) Inventory Costing: LIFOFilimonov Inc. has the following information related to purchases and sales of one of its inventory items:DateDescriptionUnits Sold at RetailUnits Purchased at Cost170 units @ $10 = $1,700June 19220 units @ $16 = $3,520142229Get more infoBeginning inventoryPurchase 1Sale 1Purchase 2Sale 2215 units @ $25Refer to the information for Filimonov Inc. and assume that the company uses a perpetual inventory system.This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.XOpen spreadsheet220 units @ $18 = $3,960350 units @ $25Required:Calculate the cost of goods sold and the cost of ending inventory using the LIFO inventory costing method.Cost of goods sold$Cost of ending inventory

Name: please answer within the format by providing formula the detailed work
Uploaded: 2024-03-20T06:32:37.000Z
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Description: please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) Inventory Costing: LIFOFilimonov Inc. has