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need help please and thank you Show all images Show all images Show all images done loading rpetual inventory using FIFO eginning inventory, purchases, and
need help please and thank you
rpetual inventory using FIFO eginning inventory, purchases, and sales data for DVD players are as follows: Nov. 1 Inventory 10 sale Purchase 15 20 sale 24 sale Purchase 30 77 units at $54 59 units 39 units at $56 23 units 21 units 25 units at $59 e business maintains a perpetual inventory system, costing by the first-in, first-out method. a. 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 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 Sold Unit Cost column and in the Inventory unit Cost column. Firstin, First-out Method DVD Players Cost Of Cost Of purchases purchases Quantity Goods Sold Goods Sold Inventory Inventory Inventory Quantity Purchased Date Nov. 1 Nov. 10 Nov. 15 Check My Work Unit Cost Total Cost Sold Unit Cost Total Cost Quantity 3,186 Unit Cost Total Cost Next)
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