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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units $17 11 Purchase 15 units @ $17 14

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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units $17 11 Purchase 15 units @ $17 14 Sale 23 units 21 Purchase 13 units @ $17 25 Sale 14 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 FIFO. Cost of Inver Purchases Goods Sold Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit April 3 11 14 21 25 13 units @ $17 14 units y cost card assuming the business maintains a perpetual Inventory system and determine the cost of goods sold using FIFO. Cost of Goods Sold Inventory Purchases Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Total Cost of goods sold Ending inventory value

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