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Perpetual inventory using LIFO Beginning inventory, purchases, and sales data for DVD players are as follows: Nov. 1 ?Inventory 4 3 ?units at $ 6

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Perpetual inventory using LIFO
Beginning inventory, purchases, and sales data for DVD players are as follows:
Nov. 1 ?Inventory
43 ?units at $69
10 ?Sale
30 ?units
15 ?Purchase
55 ?units at $72
20 ?Sale
30 ?units
24 ?Sale
9 ?units
30 ?Purchase
40 ?units at $76
The business maintains a perpetual inventory system, costing by the last-in, ?first-out method. column and LOWER unit cost first in the Inventory Unit Cost column.
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