1. kelly’s couture made the following purchases of sweaters during the year: beginning at $35 each at $42 each at $38 each at $45 each an inventory shows that 24 sweaters remain. find the value of the inventory using the lifo method.

LIFO method

Units Available for sale = 25 + 20 + 30 + 15 = 90 units

Ending Inventory = 24 units

Units Sold = (90 – 24) = 66 units

Cost of Goods Sold

Sales from September = 15 units x $45 = $675

Sales from June = 30 units x $38 = $1140

Sales from March = 20 units x $42 = $900

Sales from Beginning Inventory = 1 unit x $25 = $25

Total: 66 units = $2740

Ending Inventory from beginning inventory = 24 units x 35 = $840

.there can be infinite values of m and n that can satisfy the above equation. for each value of m of m or n. there maybe infinite sets of solution for the above

step-by-step explanation: