the firm maintains a perpetual inventory system. Determine the cost of goods sold for each sale in the inventory balance after each sale assuming the first in first out method.

The following units of a particular item were available for sale during the calendar year: The firm maintains a perpetual inventory system. Determine the cost of goods sold for each sale and the Exhibit 3. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER uni The faldwing unts of a particuar inem nere analable for wale during the calendar yast