Exercise 6-4 Alternative cost flow assumptions-perpetual inventory system LO2

Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top selling hockey stick. The hockey stick sells for $130.

Exercise 6-4 Alternative cost flow assumptions-perpetual inventory system L02 Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top selling hockey stick. The hockey stick sells for $130. Description Units Unit Cost Mar. 1 Beginning Inventory 17 $ 42 Mar. 3 Purchase 62 $47 Mar. 6 Purchase 112 $52 Mar. 17 Sale 57 Mar. 23 Purchase 54 $ 52 Mar. 31 Sale 144 l Required: Calculate the cost of goods sold and ending inventory under the perpetual inventory system using the following methods. (Do not round your "Unit Cost" answers. Round all other intermediate and final answers to nearest whole dollar.)