Perpetual inventory using FIFO Beginning inventory, purchases, and sales data for DVD players are as follows: Date Line Item Description Units and Cost Nov. 1 Inventory 45 units at $99 10 Sale 32 units 15 Purchase 26 units at $104 20 Sale 19 units 24 Sale 8 units 30 Purchase 29 units at $108 The business maintains a perpetual inventory system, costing by the first-in, first-out method. Question Content Area 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. First-in, First-out Method DVD Players Date Quantity Purchased Purchases Unit Cost Purchases Total Cost Quantity Sold Cost of Goods Sold Unit Cost Cost of Goods Sold Total Cost Inventory Quantity Inventory Unit Cost Inventory Total Cost Nov. 1 Nov. 1 45 Nov. 1 99 Nov. 1 4,455 Nov. 10 Nov. 10 32 Nov. 10 Nov. 10 Nov. 10 Nov. 10 Nov. 10 Nov. 15 Nov. 15 26 Nov. 15 104 Nov. 15 2,704 Nov. 15 Nov. 15 Nov. 15 fill in the blank 64e8eb00c042fc2_16 fill in the blank 64e8eb00c042fc2_17 fill in the blank 64e8eb00c042fc2_18 Nov. 20 Nov. 20 Nov. 20 Nov. 20 Nov. 20 Nov. 20 Nov. 20 fill in the blank 64e8eb00c042fc2_25 fill in the blank 64e8eb00c042fc2_26 fill in the blank 64e8eb00c042fc2_27 Nov. 24 Nov. 24 8 Nov. 24 Nov. 24 Nov. 24 Nov. 24 Nov. 24 Nov. 30 Nov. 30 Nov. 30 Nov. 30 Nov. 30 Nov. 30 Nov. 30 fill in the blank 64e8eb00c042fc2_40 fill in the blank 64e8eb00c042fc2_41 fill in the blank 64e8eb00c042fc2_42 Nov. 30 Balances Nov. 30 Nov. 30