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apter 6 HW eBook Show Me How Calculator Print Item Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for DVD players are as

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apter 6 HW eBook Show Me How Calculator Print Item Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 39 units at $66 10 Sale 30 units Purchase 51 units at $70 Sale 29 units 20 24 Sale 9 units 30 Purchase 38 units at $73 The business maintains a perpetual Inventory system, costing by the last in, first-out method. Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4. Under LIFO, units are in Inventory at two different costs, enter the units with the HIGHER unit cost first in the cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory U Cost column. Schedule of Cost of Goods Sold LIFO Method DVD Players Date D rity Purchased Purchases Unit Cost Purchases Total Cost Quantity Sold Cost of Goods Sold Unit Cost Cost of Goods Sold Total Cost Inventory Quantity Inventory Unit Cost Inventory Total Cos Nov, 1 Check My Work 3 more Check My Worker

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