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Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in
Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4. Under LIFO, 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 Cost of Date Quantity Purchased Purchases Unit Cost Purchases Quantity Inventory Inventory Total Cost Sold Merchandise Sold Unit Cost Merchandise Sold Total Cost Quantity Apr. 1 Apr. 10 Apr. 15 Apr. 20 Apr. 24 Apr 30 Apr 30 Balance 0 Check My Work 4 more Check My Work uses remaining 0 0 Q 0 0 Inventory Total Cost 00000000000 00000000000 000000000000 [C Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4. Under LIFO, 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: Date Quantity Purchased Purchases Unit Cost Purchases Quantity Cost of Merchandise Sold Total Cost Sold Unit Cost Cost of Merchandise Sold Total Cost Apr. 1 Apr. 10 Apr. 15 Apr. 20 Apr 24 Apr 30 Apr 30 Balance Check My Work 4 more Check My Work uses remaining 0 0 0 0 Inventory Quantity Inventory Inventory Total Cost 000000000 00000000000 00000000000 Previ DC
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