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Beginning Inventory,purchases,and Sales for Product - Weld TM Are as Follows

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Beginning inventory,purchases,and sales for Product - Weld TM are as follows:
Beginning inventory,purchases,and sales for Product - Weld TM are as follows:     Assuming a perpetual inventory system and the last-in,first-out method,determine (a)the cost of the merchandise sold for the September 30 sale and (b)the inventory on September 30.
Assuming a perpetual inventory system and the last-in,first-out method,determine (a)the cost of the merchandise sold for the September 30 sale and (b)the inventory on September 30.

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a)Cost of merchandise sold:
8 ...

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