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|11111111 |111 Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 21 units $15 11 Purchase 15 units
|11111111 |111 Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 21 units $15 11 Purchase 15 units $17 14 Sale 22 units 21 Purchase 10 units $22 25 Sale 13 units Complete the subsidiary inventory ledger assuming the business maintains a perpetual inventory system and computes the cost of merchandise sold and ending inventory using LIFO Date Qty. April 3 11 14 21 0.011 | | Purchases Cost of Merchandise Sold Inventory Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost 0 0 00 00 000 000 0000 000 00 Total cost of merchandise sold Ending inventory value
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