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petual Inventory Using FIFO eginning Inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 55 units at $81 10 Sale 37 units 15 Purchase 24 units at $85 20 Sale 23 units 20 Sale a uns 30 Purchase 27 units at $85 he business maintains a perpetua inventory system, costing by the first in, frut-out method Determine the cost of the goods sold for each sale and the inventory balance after each sale, presenting the data in the form lustrated in ExhibitUnder Foro, units are in Inventory at two different content arst in the cost of Goods Sold Unit Cost column and in the Inventory Unit Cost column. Cost of the Goods Sold Schedule Fistin, Pest-out Method DVD Players Date Quantity Purchased Purchase Unit Cost Purchases Total Cod Quantity Sold cost of Goods Sold Unit Cost Cost of Goods Sold Total Cost Inventory Quantity Inventory Unit Cost Inventory Toca Nov. 1 Nov. 10 01 Nov. 15 24 2.00 4,455 18 1. 24 2,040 LS 81 1.45 1.15 NS Nov. 20 S 13 533 ch 11 Nov. 24 BG 11 Nov. 30 2016 SO Nov. 30 Balances Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inwentary 42 units 10 Sale 35 units 15 Purchase 50 units $105 20 Salle Sale 7 units 30 Purchase 40 units 5107 The business mais perpetual inventory wiem, costing by the last two Determine the cost of merchandise restha and the inventory bene har ench senting the data in the form Hlustrated in Under LTO, Wunts are inventory two ofterent costs, enter the ints with the MICHER ont contra in the cost of Goods Sout Us Cont column and LOWER UNA COM Art in the Inventory Un Contohimn. Schedule of Cost of Goods Sold LIFO Method EVO Date Quantity Purchased Purchases Unit. Cost Purchases Total Cost Quality So Co of Good Son Cow Cost of Goods Sold Total Cost Inventory Quality Invertory Unit Cost Inventory Total Cou Nov. N. 16 Nov 15 0 0 I OD DOO No.30 0 0 Nov. 30 Balance 0 Lower-of-Cost-or-Market Inventory On the basis of the following data: Inventory Cost per Product Quantity Unit Model A 15 $230 Market Value per Unit (Net Realizable Value) $239 Model B 23 86 96 Model C 45 141 160 Model D 49 71 65 Model E 13 195 208 Determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 9. Inventory at the Lower of Cost or Market Product Total Cost Total Market Lower of Total Cost or Total Market A B E Total LIFO Perpetual Inventory The beginning Inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows: Number of Units Date Transaction Per Unit Total Apr. 3 Inventory 66 $525 $34,650 8 Purchase 132 630 11 Sale 88 1,750 1,750 30 Sale 55 May 8 Purchase 110 700 10 Sale 66 1,750 1,750 83,160 154,000 96,250 77,000 115,500 57,750 84,700 121,440 161,920 166,320 19 Sale 28 Purchase 110 770