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Nov. 1 Inventory 6 3 units at $ 5 9 1 0 Sale 4 4 units 1 5 Purchase 8 3 units at $ 6
Nov. Inventory
units at $
Sale
units
Purchase
units at $
Sale
units
Sale
units
Purchase
units at $
The business maintains a perpetual inventory system, costing by the lastin firstout method. cost first in the Cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column.
LIFO Method
DVD Players
tableDatetableQuantityPurchasedtablePurchasesUnit CosttablePurchasesTotal CosttableQuantitySoldtableCost ofGoods SoldUnit CosttableCost ofGoods SoldTotal CosttableInventoQuantitableInventoUnit Coory,tableInventoryTotal CostNov
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