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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 22 units $14 11 Purchase 16 units $14 14 Sale

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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 22 units $14 11 Purchase 16 units $14 14 Sale 23 units 21 Purchase 10 units $16 25 Sale 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 Unit Cost Cost of Goods Sold Unit Cost Inventory Unit Cost Qty. Total Cost Qty. Total Cost Qty. Total Cost Date April 3 (O moli lo Total Cost of goods sold Ending inventory value

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