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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3. Inventory 20 units $15 11 Purchase 12 units $16 14 Sale

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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3. Inventory 20 units $15 11 Purchase 12 units $16 14 Sale 16 units 21 Purchase 12 units $20 25 Sale 14 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 Loro. Cost of Purchases Goods Sold Inventory Date Qty. Unit Cest Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost April 20 15 300 11 12 16 192 20 15 300 12 16 192 14 12 16 192 15 60 21 12 20 240 25 Il Total Cost of goods sold Ending Inventory value

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