Perpetuat twentory Using UFO Beqinning inventory, purchases, and sales dota for portable game players are as follows: The business maintains a perpetual inventory system, costing by the iast-in, first-out method. Determine the cost of marchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4, Under Lifo, it Units are in inventory at two different costs, enter the units with the HIGAER unit cost first in the Cost of Merchandise Sold Unit Cost column and towiER unit cost first in The business maietains a perpetual inventory system, costing by the last-in, firs-out method. Determine the cost of merchandise soid for each sale and the inventory balance after each sale, presenting the data in the form iliustrated in Exhibit 4. Under LIFO, if units are in inventory at two orferent costs, enter the units with the MIGHER unit cost first in the Cost of Merchandise Sold Uait Cost column and LOWER. uait cost first in the Imentary Unit Cost columun