Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3...
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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18'units @ $16 11 Purchase 14 units @ $15 20 units 12 units @ $15 14 units 14 21 25 Sale Date 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 Unit Cost April 3 11 14 Sale Purchase 21 25 Qty. 14 Purchases Unit Cost 15 Total Cost 210.0 Qty. Total Cost of goods sold Total Cost Qty. 18 18 14 Inventory Unit Cost 16 16 152 Ending inventory value Total Cost 0030 288 288 210.0 Previous Next
Beginning inventory, purchases, and solen data for tennis rackets are as follows: April 3 Inventory 18 units e $16 11 Purchase 14 units 0 \$15 14 Sale 20 units 21 Purchase 12 units o \$15 25 Sale 14 units Complete the inventory cost card assuming the business maintains a perpetwal inventory system and determine the cont of goods sold and ending inventory using Ufo
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