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Show Me How calculator Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for prepaid cell phones for July are as follows: July 1

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Show Me How calculator Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for prepaid cell phones for July are as follows: July 1 1,500 units at $22 July 10 750 units at $24 July 12 1,050 units July 20 675 units at $26 July 14 900 units 450 units Assuming that the perpetual inventory system is used, costing by the FIFo method, determine the cost of the merchandise soldfor each san the inventory balance after each sale Schedule of Cost of Merchandise Sold Cost of Merchandise Cost of Merchandise Cost of Merchandise Inventory Inventory inventor Sold Sold Total Unit Quantity Unit Cost Total Cost Sold Check My Work uses remaining Submit Assignment for Grading command

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