beginning inventory purchases and sales data for DVD players are as follows

Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 66 units at $46 10 Sale 55 units 15 Purchase 36 units at $48 20 Sale 18 units 24 Sale 13 units 30 Purchase 29 units at $51 The business maintains a perpetual inventory system, costing by the first-in, first-out method. a. Determine the cost of the goods sold for each sale and the inventory balance after each sale, pre units with the LOWER unit cost first in the Cost of Goods Sold Unit Cost column and in the Inventory Cost Date Quantity Purchased Purchases Unit Cost Purchases Total Cost Quantity Sold Cost on Nov. 1 The business maintains a perpetual inventory system, costing by the first in first-out method. a. Determine the cost of the goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 3. Under Firo, if units are in inventory at two different costs, enter the units with the LOWER unit cost ist in the cost of Goods Sold Unit Cost column and in the Inventory Unit Cost column Cost of the Goods Sold Schedule First-an, First-out Method DVD Players Date Quantity 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 Cost Nov. 1 Nov. 10 Nov. is Now. 20 III (100 No 30 Nov. 30 Balances