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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units $12 11 Purchase 16 units @ $14 14

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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units $12 11 Purchase 16 units @ $14 14 Sale 20 units 21 Purchase 14 units $20 25 Sale 16 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 LIFO. Purchases Cost of Goods Sold Unit Cost Inventory Qty. Unit Cost Total Cost Q ty. Total Cost Qty. Unit Cost Total Cost Date April 3 Previous Actindows siness maintains a perpetual inventory system and determine the cost of goods sold and ending inventory using Cost of Goods Sold Unit Cost Inventory Unit Cost Cost Qty. Total Cost Qty. TI Total Cost of goods sold Ending inventory value Previous

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