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Perpetual Iwwentary ueing troo Beginning inventory, purdhases, and sales data for portable game players are as follows: The business maintains a perpetual irwentocy avstem, costing
Perpetual Iwwentary ueing troo Beginning inventory, purdhases, and sales data for portable game players are as follows: The business maintains a perpetual irwentocy avstem, costing by the last in, first-out method. twe difterent costs, enter the units with the HIGHER unit cost fingt in the Cont of Merchandise sold Urit Cont column and Lower ungt cost first in the Lmentary Unit cost column. Determine the cost of meichandise sold for each sale and the in mentory balunce atter each rale, preseoting the data in the form alistrated in tixhibit a. Under LiFo, if units are in inventai twe dirferent costs, enter the units with the HIGeER unit cost firs in the Cost of Merchandise sold Unit Cost column and LoweR unit cost first in the inventory Unit cost column
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