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Date Item Hardware, Inc, completed the follo Click the icon to view the tran Mar Quantity Unit Cost 15$ 50 40 S 55 Read the

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Date Item Hardware, Inc, completed the follo Click the icon to view the tran Mar Quantity Unit Cost 15$ 50 40 S 55 Read the requirements 1 Balance 4 Purchase 12 Sale 22 Purchase 31 Sale 45 285 22 58 Mar 22 26 58 Mar 31 Print Done Total 66 Requirement 4. Prepare a perpetual inventory record using average cout Round average cost per unit to the neatest cent and all other amounts to the nearest dollar Start by entonng the opening inventory balance Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period (Round average cost per unit to the nearest cont and all other amounts to the nearest dollar) Purchases Cost of goods sold Inventory on hand Unit Total Unit Total Unit Total Date Oty Cost Cost aty Cost Cost Qty Cost Cost Mar 1 15 50 750 Mar 4 40 55 2200 55

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