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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 11 Purchase 14 Sale 12 units @ $45 13
Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 11 Purchase 14 Sale 12 units @ $45 13 units @$47 18 units 21 Purchase 9 units $60 10 units 25 Sale Complete the inventory cost card assuming the business maintains a perpetual inventory system and determine the cost of goods sold and ending inventory using to method. Round your answers to two decimal places. Purchases Cost of Goods Sold Inventory Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost April 3 12 $ 45 540 11 13 47 611 12 45 540 14 13 47 611 21 9 60 540 25 45 270 Balances amaining: 1:18:43 All work saved. MaleBack 270
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