Fergetual retary Using IF Beginning investory, purchases and sees data for portable game players are as follows Apr. 1 Inventory 57 577 10 15 Purchase 74 units 500 20 41 hits 24 11 units 30 Purchase The business mana perpetual ventory system, costing by the last tout method Determine the cost of merchandise sold for each sale and the inventory balance after the presenting the data in the form illustrated in t4 Under LIFO, units are in inventory at two offerent costs, enter the units with the HIGHER Unit cost first in the cost of Merchandise Sold unit Cost olmand LOWER unitort in the travestory Untoutu. Schedule of Cost of Merchandise Sold LIFO Method Portable Game Players Cost of Merchandise Sold Cost of Merchandise Sald Unis con Total Cust Date Quantity Purchased Purchases Unit Cost Purchases Total Cest Quantity Inventory Quantity Inventory Unit Cost Inventory Total Cost Apr 1 Apt 13 AD 20 Apr 24 AD 10 or 30