Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Date Quantity Cost Cost Quantity Cost Cost Quantity 24 $ Cost 53 $ Total Cost 1,272 Nov. 1 Nov. 6 20$ 53 $ 1,060 4 $ 53 $ 212 Nov. 8 30$ 70$ 2,100 4 $ 53 $ 212 30$ 70 $ 2,100 Nov. 17 30 68 4 Golf Unlimited carries an inventory of putters and other golf clubs. The sales price of each putter is $119. Company records indicate the following for a particular line of Golf Unlimited's putters: (Click the icon to view the records.) 1. Prepare Golf Unlimited's perpetual inventory record for the putters assuming Golf Unlimited uses the LIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. 2. Journalize Golf Unlimited's inventory transactions using the LIFO inventory costing method. (Assume purchases and sales are made on account.) Date Item Quantity Unit Cost Nov. 1 Balance 24 $ 53 6 Sale 20 8 Purchase 30 70 17 Sale 30 30 Sale 2