Putter's Paradise carries an inventory of putters and other golf clubs. The sales price of each putter is $143. Company records indicate the following for a particular line of Putter's Paradise's putters: (Click the icon to view the records.) Read the requirements. Requirement 1. Prepare a perpetual inventory record for the putters assuming Putter's Paradise uses the FIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) Purchases Inventory on Hand Unit Total Cost of Goods Sold Unit Total Quantity Cost Cost Unit Total Data Table Date Quantity Cost Cost Quantity Cost Cost Apr. 1 Date Item Quantity Unit Cost 24 $ 53 Apr. 1 Balance Sale 20 Apr. 6 Apr. 8 Purchase 30 70 Sale 30 Apr. 17 Apr. 30 Sale 2 Print Done Help Me Solve This e Text Pages Get More Help Clear All Check