Perpetual Inventory Uung The following units of a particular item were available for sale during the calendar year Jan. 1 Inventory 4,200 units at $40 pr, 19 Sale 2,300 units June 30 Purchase 4.700 units at $45 Sept. 2 Sale 5,100 units Nov. 15 Purchase 2,000 units at $18 The firm maintains a perpetual inventory system. Determine the cost of goods sold for each sale and the inventory balance after each assuming the last fest out method Present the data in the form illustrated in Exhibit 4. Under LIFO, if units are in inventory at two or more different costs, enter then with the LOWER unit cost first in the Inventory Unit Cost column 4.000 units at 54 The firm maintains a perpetual inventory system. Determine the cost of goods sold for each cale and the inventory be where he was Present the data in the form illustrated in 4. Under UFO, units are inventory at two or more different count then with the course Inventory Unit Cost column Schedule of Cost of Goods Sold LIO Method Purchases Cost of Goods Sold Date Quantity Unit Cost Total Cost Quantity Unit Cout Total Cast Quality Jan 1 (Apr. 10 June 30 Sept. 2 Nov. 15 Dec. 31 Balances Suming the last-in, first-out method. at costs, enter the units with the LOWER unit cost first in the Sold Sold Total Cost Quantity Inventory Unit Cost Total Cost Previous Save and Exit Submit Assignment for Grading 84F Mostly cloudy ^ 9:11 PM 7/12/2021