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Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for portable game players are as follows: Apr.1 Tyventory Sunt 64 10 Sale 49 units

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Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for portable game players are as follows: Apr.1 Tyventory Sunt 64 10 Sale 49 units 15 Purchase 74 units $67 Sale 42 units 24 Sale 11 units 30 Purchase 22 units $70 The business maintains a perpetual inventory system, costing by the lasti, 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 lustrated in Ext 4 Under uro, 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 LIFO Method Portable Game Players Cost of Merchandise Cost of Merchandise Sold Sold Unit Cost Total Cost Date Quantity Purchased Purchases Unit Cost Purchases Total Cost Quantity Solid Inventory Quantity Inventory Unit Cost Ched My Work 2 more Check My Work uses remaining

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