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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units $14 11 Purchase 16 units $16 14 Sale
Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units $14 11 Purchase 16 units $16 14 Sale 24 units 21 Purchase 11 units $19 25 Sale 14 units Complete the inventory cost card assuming the business mainta erpetual inventory system and determine the cost of goods sold and ending Inventory using FIFO. Cost of Inventory Goods Sold ty. Unit Cost Total Cost Oty. Unit Cost Total Cost Purchases Unit Cost Date Qty. Total Cost Q April 3 11 Total Cost of goods sold Ending inventory value S
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