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Test 2 Calculator Beginning Inventory, purchases, and sales data for tennis rackets are as follows: ? April 19 units @ $16 3 Inventory 11 Purchase
Test 2 Calculator Beginning Inventory, purchases, and sales data for tennis rackets are as follows: ? April 19 units @ $16 3 Inventory 11 Purchase 13 units @ $19 14 Sale 18 units 21 Purchase 9 units @ $22 11 units 25 Sale Complete the inventory cost card assuming the business maintains a perpetual inventory system and determine the cost of goods sold and ending inventory using LIFO. Cost of Goods Sold Purchases Inventory Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost April 3 $ 11 $ $ 14 $ $ $ 21 O O $ $ $ 25 $ $ $ $ Total Cost of goods sold $ Ending inventory value $ Previous Next All work saved. Save and Exit Submit Test for Grading
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