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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units $16 11 Purchase 13 units @ $14 14

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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units $16 11 Purchase 13 units @ $14 14 Sale 23 units 21 Purchase 8 units @ $20 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 Inventory Purchases Unit Cost Unit Cost Tot Total Cost Total Cost Date Qty. Qty. Qty. Unit Cost April 3 11 14 21 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 Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Tot April 3 $ 11 14 21 25 Total Cost of goods sold Ending inventory value 25 Sale 15 units ate the inventory cost card assuming the business maintains a perpetual inventory system and determine the cost of goods sold and ending pry using FIFO. Purchases Cost of Goods Sold Inventory Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost III Total Cost of goods sold Ending inventory value

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