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Cases Beginning Inventory Purchases Cost of Goods Sold Ending Inventory (perpetual system) Ending Inventory (as counted) Shrinkage A $280 $1,600 $660 $780 B 560 1,700

Cases Beginning Inventory Purchases Cost of Goods Sold Ending Inventory (perpetual system) Ending Inventory (as counted) Shrinkage A $280 $1,600 $660 $780 B 560 1,700 330 330 C 420 1,220 560 1,080 46 D 710 1,190 390 380

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