Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 20 units $12 11 Purchase 14 units $18 14 Sale 26 units 21 Purchase 25 Sale 8 units $17 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 FIFO. Purchases Date April 3 Qty. Unit Cost Total Cost Qty. Cost of Goods Sold Unit Cost Inventory Total Cost Qty. Unit Cost Total Cost 11 14 21 25 Total Cost of goods sold Ending inventory value Previous Next >