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Beginning inventory, purchases, and sales data for widgets are as follows: April 3 Inventory $30 Purchase Sale 15 units @ 12 units @ 18 units
Beginning inventory, purchases, and sales data for widgets are as follows: April 3 Inventory $30 Purchase Sale 15 units @ 12 units @ 18 units 7 units @ 10 units Purchase $25 Sale Complete the inventory cost card assuming the business maintains a perpetual inventory system and calculates the cost of goods sold and ending inventory using LIFO. Purchases Cost of Goods Sold Unit Cost Inventory Date Qty Unit Cost Total Cost Qty Total Cost Qty Unit Cost Total Cost April Total Cost of goods sold Ending inventory value
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