perpetual Inventory Using uFo Beginning inventory, purchases and sales data for portable DvD players are as follows: Inventory 52 units $93 67 units $98 36 units $102 The business maintains a perpetual inventory system costing by the last in, first-out method. K Determine the cost of merchandise sold for each sale and theinventory balance ater each sale, presenting the data in the form austrated n Edilit s. Under URo, if at two different costs, enter the units with the HIGHER unit cost fint in the Merchandise sold unit Cost column and units are in LowER unit cost first in the Inventory Unit Costcolumn. Schedule of Cost of Merchandse Said Portable DVD Players Cost of Merchandise Inventory purchases Unit Purdases Total Quantry sold Merdandse sold Sold Total Cost