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Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for portable game players are as follows: Apr. 1 Inventory 42 units @ $95 10

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Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for portable game players are as follows: Apr. 1 Inventory 42 units @ $95 10 Sale 29 units 15 Purchase 51 units $101 20 Sale 30 units 24 Sale 9 units 30 Purchase JZ units $105 The business ma ins a perpetual inventory system, costing by the last in, first-out method Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4. Under uro, sare in inventory at two different costs, enter the units with the HIGHER unit cost first in the cost of Merchandise Sold Unit Cost column and LOWER unit cost first in the inventory Unit Cost column Schedule of Cost of Merchandise Sold LIFO Method Portable CarPlayers Date Quantity Purchases Unit Purchases Total Quantity Cost of Merchandise Sold Cost of Merchandise Sold Inventory Inventory Unit Inventory Total Cost Cost Total Cost Quantity 2.755 Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4. Under Liro, if units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the cost of Merchandise Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column Schedule of Cost of Merchandise Sold UFO Method Portable Game Players Quantity Purchases Unit Purchases Total Quantity Cost of Merchandise Sold Cost of Merchandise Sold Inventory Inventory Unit Inventory Total Purchased Cost Cost Sold Unit Cost Total Cost Quantity Date Purchased Pure Cost Unit Purch Cost Total desordy costo $ 2.755 1 za 5 1 101 5.151 2 30 101 bull11111001 x Check My Womers Check My

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