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Chapter 7 Work Show Me How Calculator Perpetual Inventory Uung UFO Beginning inventory. purchases, and sales data for portable game players are as follows: Apr.
Chapter 7 Work Show Me How Calculator Perpetual Inventory Uung UFO Beginning inventory. purchases, and sales data for portable game players are as follows: Apr. 1 Inventory $98 10 Sale 75 units 54 units 92 units 15 Purchase $104 20 Sale 53 units 14 units 30 Purchase 30 units $109 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 Ethibit 4 Under UFO, If units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the cost of Merchandise Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column Schedule of Cost of Merchandise Sold LIFO Method Portable Game Players Cost of Merchandise Sold Cost of Merchandise Sold Unit Cost Total Cost Quantity Purchased Purchases Unit Purchases Total Quantity Inventory Unit Inventory Total Quantity 0111111) Aprelance Check My Wormor Check My Works remaining Assignment Bore: 14.29 All work saved send to some sugere ter Gensere
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