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XEb-1b (Similar to) - X Golf Unlimited carries an inventory of putters and other golf clubs. The sales price of each putter is $128. Company
XEb-1b (Similar to) - X Golf Unlimited carries an inventory of putters and other golf clubs. The sales price of each putter is $128. Company records indicate the following for a particularline of Golf Unlimited's putters (Click the icon to view the records.) 0 Data Table Read the requirements. UUUUUUURIS TURI By U, GUNU the period. (Enter the oldest inventory layers firs Date Item Quantity Unit Cost Purchases Nov. 1 Balance 19 $ 80 Unit Total Sale Date Quantity Cost Cost Purchase 50 $ 91 Nov. 1 Sale Nov. 6 30 Sale Nov. 8 Print [ Done Print Done Prepare a perpetual inventory record for the putters assuming Golf Unlimited uses the FIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. Journalize Golf Unlimited's inventory transactions using the FIFO inventory costing method. (Assume purchases and sales are made on account.)
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