eBook Perpetual inventory using LIFO Beginning inventory, purchases, and sales data for DVD players are as follows: 62 units at $46 Nov. 1 Inventory 10 Sale Date Nov. 1 Nov. 10 Nov. 15 Show Me How 15 Purchase 20 Sale 47 units 81 units at $49 46 units 24 Sale 30 Purchase The business maintains a perpetual inventory system, costing by the last-in, first-out method. Determine the cost of goods 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 Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column. 11 units 25 units at $51 Print Item LIFO Method DVD Players Cost of Cost of Quantity Purchases Purchases Quantity Goods Sold Goods Sold Inventory Purchased Unit Cost Total Cost Sold Unit Cost Total Cost Quantity Inventory Inventory Unit Cost Total Cost

Perpetual inventory using iffo Beginning inventory, porchases, and sales data for DVD players are as follows: The business maintains a perpetual inventory systen, costing by the last-in, first-out method. Dotermine the cost of goods wold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit.4 Uador tiFO, If Units are in inventery at two different costs, enter the units with the HEOHER unit cost first in the Cost of Goods Sold Unit Cost columin and LOWER unit cost fint in the Javentory Unit Cost column