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The following units of a particular item were available for sale during the calendar year: This information has been collected in the Microsoft Excel Online

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The following units of a particular item were available for sale during the calendar year: This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question belows. Dpen wpreastieet The firm maintains a perpetual inventory system. Determine the cost of goods sold for each sale and the inventory balance after each sale, assuming the first-in, firstout method. Present the data in the form illustrated in Exhibit 3. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Goods Sold Unit Cost column and in the Inventory Unit Cost column. Round your answers for quantity values to the nearest whole number, for unit cost values to the nearest cent, and for total cost values to the nearest dollar. using FIFO a particular item were avallable for sale during the calendar pinus. pivnits at ist pins been collected in the Microsoft Excel Online file. Open the the required analysis, and input your answers in the question perpetual inventory system. Determine the cost of goods sold inventory balance after each sale, assuming the first-in, firstthe data in the form illustrated in Exhibit 3. Under FIFO, if units o different costs, enter the units with the LOWER unit cost first Sold Unit Cost column and in the Inventory Unit Cost column. for quantity values to the nearest whole number, for unit cost cent, and for total cost values to the nearest doliar

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