Peroetiam Inventory Using FIro beginning inventery, purchases, and sales data for portable game plavers are as folows: The businese mancains a perpetual I wentory swatam, coiting by the first in, first-out mathod a. Determine the cost of the merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form itustrated in fakhbit a. tinder fiFo, if unita are in inventory at two different conts, enter the units with the LOWFR unit cost firh in the Cost of Merchandise Sold Unt Cost colume and in the thventory Unit Cost column. Perpetual Inventory Account First-in, First-out Method Portable Game Plavers b. Based ipon the breceding data, would you expect the ending inventory to be higher or lower using the last ing, first-out mithoif