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eBook Show Me How Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 39 units at $95 10 Sale 32 units 15 Purchase 48 units at $101 20 Sale 26 units 24 Sale 7 units 29 units at $106 30 Purchase The business maintains a perpetual inventory system, costing by the last in, fest-out method Determine the cost of goods sold sold for each sale and the inventory balance after each sale, presenting the data in the form Plustrated in Exhibit 4 Under LIFO, If units are in Inventory at two different costs, enter the units with the HIGHER unit cost first in the cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column Schedule of Cost of Goods Sold LIFO Method DVD Players Cost of Cost of Quantity Purchases Purchases Quantity Goods Sold Goods Sold Inventory Unit Cost Total Cost Inventory Inventory Purchased Unit Cost Total Cost Sold Unit Cost Total Cost Quantity Date Nov. 2 Nov. 10 Nov. 15 NA Previous Next Check My Work more Check My Works remaining, Save and Submit Assignment for Grading & +00 9 7 P T U The business maintains a perpetual Inventory system, costing by the last-in, first-out method Determine the cost of goods sold sold for each sale and the inventory balance after each sale, presenting the data in the fort Austrated in Exhibit 4 Under LIFO, If units are in inventory at two different costs, enter the units with the HIGHER un contest in the cast of Good Sold Unit Cont column on lower unit cost first in the inventory Unit Cost column Schedule of Cost of Goods Sold LIFO Method DVD Players Cost of Cost of Quantity Purchases Purchases Quantity Goods Sold Goods Sold Inventory Unit Cost Total Cost Inventory Inventory Purchased Unit Cost Total Cost Sold Unit Cost Total Cost Quantity Date NOV1 Nov. 20 o Nov. 15 Nov. 20 0 0 II Now 24 Nov. 30 . Previous Nest Check My Virk 5 mere Check My Woman Santander Subgent for Grad 6 8 5 9 7 T P O C G H J K L B N M *

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