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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 11 Purchase 18 units @ $15 16 units @
Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 11 Purchase 18 units @ $15 16 units @ $16 14 Sale 24 units 21 Purchase 14 units @ $19 16 units 25 Sale Complete the inventory cost card assuming the business maintains a perpetual inventory system. inventory using FIFO. Date April 3 11 Purchases Cost of Goods Sold Qty. Unit Cost Total Cost Qty. Unit Cost 14 14 21 21 25 Total Cost of goods sold
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