Perpetuel Invectory Using PIVO Beginning inventocy, purchases, and sa es date for portable game players are as followsi Ape11015202430Inventory.5aleparchaseSaleSalePurchsse76unitsof55362units30units0i55523units9units33units0550 The business mantains a perpetual inventory syitern, costing by the first-in, first-out method: a. Deturmine the cest of the merchandite sold for each sale and the inveotory balance after each sale, presenting the data in the focim ilisutrated in Einibit 3. Under Furo, if units are in inventory of two diferent costs, enter the units with the Lowtr unit cost first in the Cost of Merchandisu Sold Unc Cost column and in the Invantory Unit Cost column. Perpetual Inventory Account First-in, First-out Methert Quantity PurchasesUnitCateDurchased Aati 1 ABE 10 ABC: 15 Pootable Game Players Qoantity Cost of Cest of The business maintains a perpetual inventory system, costing by the first-in, first-out method. a. Determine the cost of the merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form lliustrated in Exhil units are in inventory at two different costs, enter the units with the LOWER unit cost first in the cost of Merchandise Sold Unit cost column and in the Inv column: b. Ansed upan the preceding dato, would you expect the ending inventory to be higher or lower using the last-in, first-out method