Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 10 15 20 Inventory Sale Purchase 52 units at $43 36 units 22 units at $45 TEE Sale 24 Sale Purchase 30 25 units 7 units 24 units at $48 The business maintains a perpetual inventory system, costing by the first-in, first-out method. a. Determine the cost of the 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 Good Unit Cost column and in the Inventory Unit Cost column. Cost of the Goods Sold Schedule First-in, First-out Method DVD Players Date Cost of Quantity Purchases Purchases Quantity Goods Sold Purchased Unit Cost Total Cost Sold Unit Cost Nov. 1 Nov. 10 Nov. 15 Nov. 20 36 * 000 Nov. 24 Nov. 30 Cost of Goods Sold Inventory Inventory Inventory Total Cost Quantity Unit Cost Total Cost 0 000 0 52 43 2,236 Dread the median dats would an owned the testami to be bicher leur lens the lack in Good and mothe Nov. 30 Balances L