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Perpetual Inventory Using fra Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 120 units at $39 10 Sale

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Perpetual Inventory Using fra Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 120 units at $39 10 Sale 90 units 15 Purchase 140 units at $40 20 110 units Sale Sale 24 45 units 30 Purchase 160 units at $43 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 ustrated in Exhibit 3. Under Fronts are 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 Unt Cost column Cost of the Goods Sold Schedule First in, First out Method DVD Players Quan Purchised Purchases ont Cont Purchases total Cost Query told cout of Goods Sold Un Cost Cost of Goods Sold Total Cose Inventory 0 u 100 ID001 DOO 000 QUILO DIDI BIDOO

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