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John's Sporting Goods sold 11 helmets John's Sporting Goods uses the FIFO inventory method, John's Sporting Goods started December with 9 helmets that cost $57
John's Sporting Goods sold 11 helmets John's Sporting Goods uses the FIFO inventory method, John's Sporting Goods started December with 9 helmets that cost $57 each On December 15, John's Sporting Goods bought 12 helmets at $52 each. On December 20 Prepare a perpetual inventory record for John's Sporting Goods Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of calculate the quantity and total cost of eventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers) FIFO Inventory on hand Cec Purchase Cost of goods sold Unit Total Dat Gry Coal Cost Unit Total Qty Cest Cent Unit Titl Ory Cet Cost
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