Beginning inventory, purchases, and sales data for portable pame plavers are as follows: The business maintains a perpetual inventory system, costino by the firstin, first-out method. a. Determine the cost of the merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 3. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the cost of Merchandise Sold Unit Cost column and in the Inventory unit cost column. 5 more Cneck My Work uses remaining Perpetual Inventory Account First-in, First-out Method Portable Game Players Beginning inventory, purchases, and sales data for portable pame plavers are as follows: The business maintains a perpetual inventory system, costino by the firstin, first-out method. a. Determine the cost of the merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 3. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the cost of Merchandise Sold Unit Cost column and in the Inventory unit cost column. 5 more Cneck My Work uses remaining Perpetual Inventory Account First-in, First-out Method Portable Game Players