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April 3 Inventory 11 Purchase 14 Sale 21 units $18 12 units $18 19 units 21 Purchase 25 Sale 10 units $20 12 units
April 3 Inventory 11 Purchase 14 Sale 21 units $18 12 units $18 19 units 21 Purchase 25 Sale 10 units $20 12 units Complete the inventory cost card assuming the business maintains a perpetual inventory system and determine the cost of goods sold and ending inventory using LIFO. Purchases Cost of Goods Sold Inventory Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost April 3 11 14 21 25 833 33 Total Cost of goods sold Ending Inventory value
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