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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units @ $18 11 Purchase 14 units @
Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units @ $18 11 Purchase 14 units @ $15 14 Sale 25 units 21 Purchase 25 Sale 10 units @ $22 13 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 F Purchases Cost of Goods Sold Inventory Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost April 3 11 14 21 21 25 25 = Total Cost of goods sold 000 Ending inventory value
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