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Calculator Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units @ $17 11 Purchase 14 units $17

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Calculator Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units @ $17 11 Purchase 14 units $17 14 Sale 25 units 21 Purchase 13 units @ $18 25 Sale 13 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 Inventory Purchases Goods Sold Qty. Unit Cost Unit Cost Unit Cost Total Cost Qty. Total Cost Date Qty. April 3

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