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Beginning inventory, purchases, and sales starorsus players are as follows November 1 Inventory 44 units at $75 10 Sale 29 units 15 Purchase 56 units at 578 20 Sale 31 units 24 Sale 8 units 30 Purchase 29 units at $83 The business maintains a perpetual inventory system, costing by the last-In, first-out method Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4 Under LIFO, If units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column Schedule of Cost of Goods Sold LIFO Method DVD Players Quantity Purchases Unit Purchases Total Quantity Cost of Goods Cost of Goods Sold Inventory Inventory Unit Inventory Total Date Purchased Cost Sold Sold Unit Cost Total Cost Quantity Cost Cost Nov. 40 1 Now 29 75 15 751 10 Nov 15 Cost 2.15 1.125 15 56 LIS 365 Now 20 diano 31 JUICE 630 Nov 24 Schedule of Cost of Goods Sold LIFO Method DVD Players Quantity Cost of Goods Cost of Goods Sold Sold Sold Unit Cost Total Cost Date Quantity Purchased Purchases Unit Cost Purchases Total Cost Inventory Quantity Inventory Unit Cost Inventory To Cost 4 75 3.300 Nov. 1 Nov 10 Nov 15 29 2,175 15 75 1.125 78 56 IS 75 1.125 56 78 Nov 20 31 78 2418 Nov 24 X 624 IIIIII NOV 30 29 2409 Now 30 Balances o