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Perpetual invertory ungur Beginning inventory, purchases and sales data for prepaid cell phones for December are as follows: Inventory Purchases Dec 3,600 units at 28

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Perpetual invertory ungur Beginning inventory, purchases and sales data for prepaid cell phones for December are as follows: Inventory Purchases Dec 3,600 units at 28 Dec 10 1,750 units M 5:30 Dec 12 2,450 unite 20 1,575 units $32 14 2,100 units 31 1,050 Assuming that the perpetual Inventory wystem is used coming by the uro method, determine the cost of goods sold for each sale and the inventory balance after each sale, presenting the data in the form lustrated in hitUnder uro, if units are in inventory at two different costs, enter the units with the GHER unit cout first in the cost of Goods Sold Unit Cost column and LOWER unit confirst in the Inventory Unt Cost column Schedule of cost of Goode sold LIFO Method Prepaid Cell Phones Cost of cost of Quantity Purchases Purchases Quantity Goods Sold Goods Sold Inventory Inventory Inventory Date Purchased Unit Cost Total Cost Sold Unit Cost Total Cont Quantity Unit Cost Total Cost Dee, 1 Dec 10 Dec 12 888 Dec 14 Dec 20 a o will w will ml buill ull Dec 31 Dec 31 iances D. Based upon the preceding ta, Wyou expect the inventory to be her or lowering the truthod

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