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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units @ $13 11 Purchase 12 units @ $17
Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units @ $13 11 Purchase 12 units @ $17 14 Sale 19 units 21 Purchase 13 units @ $22 25 Sale 15 units Complete the inventory record assuming the business maintains a perpetual inventory system, and determine the cost of goods sold and ending inventory using LIFO. Date Apr. 3 11 14 21 25 Purchases Qty Purchases Unit Cost Purchases Total Cost Cost of Goods Sold Qty Cost of Goods Sold Unit Cost 10 Cost of Goods Sold Total Cost Inventory Qty
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