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Perpetual inventory using LIFO Beginning inventory, purchases, and sales data for DVD players are as follows: Nov. 1 Inventory 5 4 units at $ 9

Perpetual inventory using LIFO
Beginning inventory, purchases, and sales data for DVD players are as follows:
Nov. 1 Inventory
54 units at $96
10 Sale
39 units
15 Purchase
67 units at $100
20 Sale
38 units
24 Sale
11 units
30 Purchase
32 units at $104
The business maintains a perpetual inventory system, costing by the last-in, first-out method. the units 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.
LIFO Method
DVD Players
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