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Inventory 10 15 Perpetual Inventory Using FIFO Beginning Inventory, purchases, and sales data for DVD players are as follows: November 1 76 units at $83

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Inventory 10 15 Perpetual Inventory Using FIFO Beginning Inventory, purchases, and sales data for DVD players are as follows: November 1 76 units at $83 Sale 54 units Purchase 35 units at $87 20 Sale 28 units 24 Sale 12 units 30 Purchase 36 units at $92 The business maintains a perpetual inventory system, costing by the first in, first-out method .. Determine the cost of the goods sold for each ale and the inventory balance after each sale, presenting the data in the form llustrated in Burbita. Under Fro, units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Goods Sold Unit Cont column and in the Inventory Unit Cont column Cost of the Goods Sold Schedule First-In, First-out Method DVD Players Cost of Cost of Quantity Purchases Purchases Quantity Goods Sold Goods Sold Inventory Inventory Inventory Purchased Unit Cost Total Cost Sold Unit Cost Total Cost Quantity Unit Cost Total Cost Date 76 . Nov. 1 RU 54 136 No. 10 Nov. 15 35 204 3 1 Nov. 20 DVD Players Quantity Purchases Purchases Purchased Unit Cost Total Cost Cost of Cost of Quantity Goods Sold Goods Sold Inventory Inventory Sold Unit Cost Total Cost Quantity Unit Cost Inventory Total Cost Date 76 837 6,308 Nov. 1 547 83 22 4.482 Nov. 10 837 1,8267 35 87 3.045 22 Nov. 15 83 1.826 35 N7 3,045 Nov. 20 X Nov. 24 12 Nov. 30 36 92 3,312 Nov. 30 Balances C

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