Perpetual Inventory Using LFD Beginning inventory, purchases, and sales data for DVD players are as follows November 1 10 Inventory Sale 15 Purchase 20 Sale 24 30 Sale Purchase 120 units at $39 90 units 140 units at $40 110 units 45 units 160 units at $43 The business maintains a perpetual inventory system, costing by the last-in, first-out method. Determine the cost of goods sold for each sale and the inventory balance after each sale, presenting the data in the form ustrated in Exhibit 4. Under LIFO, if units are in inventory at two different costs, enter the units with the HGHER unit cost first in the Cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cast colume Date Nov 1 Schedule of Cost of Goods Sold LIFO Method DVD Players Quantity Purchases Purchases Quantity Purchased Unit Cost Total Cost Sold Cost of Cost of Goods Sold Goods Sold Inventory Inventory Inventory Unit Cost Total Cost Quantity Unit Cost Total Cost Now 10 Nov 15 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 4. Under LIFO, if units are in with the HIGHER unit cost first in the Cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column, Schedule of Cost of Goods Sold LIFO Method DVD Players Unit Cost Cost of Goods Sold Inventory Inventory Inventory Total Cost Quantity Unit Cost Total Cost Cost of Quantity Purchases Purchases Quantity Goods Sold Purchased Unit Cost Total Cost Sold Date Nov. 1 Nov. 10 Nov. 15 Nov. 20 Nov. 24 Nov. 301 Nov. 30 Balances Check My Work 0 0 00 0 0 00 0 0 0 0 0 0 DO 000000