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Can you include the steps used through sale (26 units,6 units) to get the costs sold at unit cost? Perpetual Inventory Using LIFO Beginning inventory,

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Can you include the steps used through sale (26 units,6 units) to get the costs sold at unit cost?

Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 35 units at $89 10 Sale 26 units 15 Purchase 46 units at $93 20 Sale 26 units 24 Sale 6 units 30 Purchase 29 units at $97 The business maintains a perpetual inventory system, costing by the last-in, first-out method. Determine the cost of goods sold 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 Purchased Purchases Unit Cost Purchases Total Cost Quantity Sold Cost of Cost of Goods Sold Goods Sold Inventory Unit Cost Total Cost Quantity Inventory Inventory Unit Cost Total Cost Date Nov. 1 Nov. 10 26 Nov. 15 46 93 4,278 Nov. 20 26 Nov. 24 6 Nov. 30 29 97 2,813 Nov. 30 Balances

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