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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 22 units $17 11 Purchase 17 units $19 14 Sale
Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 22 units $17 11 Purchase 17 units $19 14 Sale 29 units 21 Purchase 13 units $17 25 Sale 15 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 FIFO Cost of Goods Sold Purchases Inventory Qty. Unit Cost Total Cost Oly. Unit Cost Total Cost Total Cost Date April 3 Qty. 22 17 5 Unit Cost $ 17 19 13 17 $ 221 Previous Act Windows Next > I LIM UN JULIUDI Complete the inventory cost card as FIFO. Inventory Purchases Cost of Goods Sold Unit Cost Total Cost Qty. Unit Cost Total Cost Total Cost Qty. Date April 3 Qty. 22 17 Unit Cost $ 17 19 $ 19 21 13 17 221 Ending inventory value Total Cost of goods sold Next > Previous Actindows Submit Test for Grading
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