LastPass password. Home Microsoft 3... Reading, interpretan... Taskstrearn.com Citrix Receiver Show Me How Exhibit 3. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Goods S Unit Cost column and in the Inventory Unit Cost column. eBook First-in, First-out Method DVD Players Cost of Cost of Date Nov. 1 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 Nov. 10 Nov. 15 Nov. 20 Nov. 24 Nov. 30 Nov. 30 Balances b. Based upon the preceding data, would you expect the inventory to be higher or lower using the last-in, first-out method? Q Search a E E eBook Show Me How The business maintains a perpetual Inventory system, costing by the last in, first our method. Determine the cost of goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4. cost first in the Cost of Goods Sold Unit Cost Under LIFO, if units are in inventory at two different costs, enter the units with the HIGHER u column and LOWER unit cost first in the Inventory Unit Cost column. LIFO Method DVD Players Cost of Cost of Quantity Purchases Purchases Quantity Goods Sold Goods Sold Inventory Inventory Inventory Sold Unit Cost Total Cost Quantity Unit Cost Total Cost Purchased Unit Cost Total Cost Date Nov. 1 Nov. 10 Nov. 15 Nov. 20 Nov. 24 Nov. 30 Nov. 30 Balances a E