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Carla Vista Co. uses the FIFO cost formula in a perpetual inventory system. Fill in the missing amounts in the following perpetual inventory record: (Round

Carla Vista Co. uses the FIFO cost formula in a perpetual inventory system. Fill in the missing amounts in the following perpetual inventory record: (Round cost per unit to 2 decimal places, e.g. 52.75.)

Purchases Cost Of Goods Sold Inventory Balance
Date Units Cost Total Units Cost Total Units Cost Total

June 1

Beginning Inventory

200 $25.00 $5,000 200 $25.00 $5,000

7

410 $22.00 $9,020 enter a number of units $enter a dollar amount rounded to 2 decimal places $enter a dollar amount
enter a number of units $enter a dollar amount rounded to 2 decimal places $enter a dollar amount
$enter a total of the two previous amounts

18

200 $enter a dollar amount rounded to 2 decimal places $enter a dollar amount enter a number of units $enter a dollar amount rounded to 2 decimal places $enter a dollar amount
160 $enter a dollar amount rounded to 2 decimal places $enter a dollar amount
360 $enter a total of the two previous amounts

26

350 $20.60 $7,210 enter a number of units $enter a dollar amount rounded to 2 decimal places $enter a dollar amount
enter a number of units $enter a dollar amount rounded to 2 decimal places $enter a dollar amount

$enter a total of the two previous amounts

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