Use the last-in, first-out (LIFO) cost allocation method, with perpetual inventory updating, to calculate (a) sales revenue, (b) cost of goods sold, and c) gross margin for A75 Company, considering...

Use the last-in, first-out (LIFO) cost allocation method, with perpetual inventory updating, to
calculate (a) sales revenue, (b) cost of goods sold, and c) gross margin for A75 Company, considering the
following transactions.

                                                                    Number of units         unit cost

Beginning inventory                                           105                           $40

Purchased March 2                                             150                             42

Sold march 21. 31 for 75 dollars spent                88