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Complete the inventory cost card assuming the business maintains a perpetual inventory system and calculates the cost of merchandise sold and ending inventory using FIFO.
Complete the inventory cost card assuming the business maintains a perpetual inventory system and calculates the cost of merchandise sold and ending inventory using FIFO. 5. Beginning inventory, purchases, and sales data for widgets are as follows: 15 units 12 units 18 units 7 units 10 units April 3 Inventory 2 11 Purchase 14 Sale 21 Purchase 25 Sale $2 assuming the business maintains a perpetual inventory system and calculates the cost o Complete the inventory cost card merchandise sold and ending inventory using FIFO. Cost of Inventory urcnasesMerchandise Sold nit Total Unit Total Cost-ty. Cost Cost | Qty. | Cost | Cost Unit Total Date Qty. Cost Balances
Complete the inventory cost card assuming the business maintains a perpetual inventory system and calculates the cost of merchandise sold and ending inventory using FIFO.
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