in/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false Google Translate eBook Show Me How Calculator Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for portable game players are as follows: Apr. 1 Inventory 48 units @ $75 10 Sale 37 units 15 Purchase 22 units @ $78 20 Sale 16 units 24 Sale 11 units 30 Purchase 20 units $83 The business maintains a perpetual inventory system, costing by the first in, first-out method a. Determine the cost of the merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 3. in inventory at two different costs, enter the units with the LOWER unit cost first in the cost of Merchandise Sold Unit Cost column and in the Inventory Unit CC Perpetual Inventory Account First-in, First-out Method Portable Game Players Purchases Unit Cost Quantity Cost of Merchandise Sold Purchases Total Cost Quantity Purchased Cost of Cost of Merchandise Merchandise Sold Sold Unit Cost Total Cost Inventory Quantity Inventory Unit Cost 75 Inventory Total Cost Date Apr. 1 3.600 Check My Work 1 more Check My Work ses remaining Email structor Subm IN eBook Show Me How Calculator Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for portable game players are as follows: Apr. 1 Inventory 48 units @ $75 10 Sale 37 units 15 Purchase 22 units @ $78 20 Sale 16 units 24 Sale 11 units 30 Purchase 20 units $83 The business maintains a perpetual inventory system, costing by the first-in, first-out method. a. Determine the cost of the merchandise sold for each sale and the inventory balance after each sale, presenting the data int in inventory at two different costs, enter the units with the LOWER unit cost first in the cost of Merchandise Sold Unit Cost colum Perpetual Inventory Account First-in, First-out Method Portable Game Players Purchases Unit Cost Quantity Cost of Merchandise Sold Purchases Total Cast Quantity Purchased Cost of Cost of Merchandise Merchandise Sold Sold Unit Cost Total Cost Inventory Unit Cost Inventory Quantity 48 Date 75