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Beginning inventory, purchases, and sales data for tennis rackets are as follows: 20 April 3 Inventory @ $13 units 17 11 Purchase @ $15

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Beginning inventory, purchases, and sales data for tennis rackets are as follows: 20 April 3 Inventory @ $13 units 17 11 Purchase @ $15 units 24 14 Sale units 9 21 Purchase @ $20 units 25 Sale 11 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. Cost of Purchases Goods Sold Inventory Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Total Qty. Unit Cost Cost April 3 11 14 21 25 $ $ $ $ $ Total Cost of goods sold Ending inventory value

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