Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 22...

 

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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 22 units @ $15 11 Purchase 15 units @ $17 14 Sale 27 units 21 Purchase 9 units @ $20 25 Sale 16 units Complete the inventory cost card assuming the business maintains a perpetual inventory system and determine the cost of goods sold and ending inventory using FIFO. Purchases Cost of Goods Sold Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. April 3 < 11 14 21 25 $ Inventory Unit Cost Total Cost Total Cost of goods sold $ Ending inventory value 1000 0000 Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 22 units @ $15 11 Purchase 15 units @ $17 14 Sale 27 units 21 Purchase 9 units @ $20 25 Sale 16 units Complete the inventory cost card assuming the business maintains a perpetual inventory system and determine the cost of goods sold and ending inventory using FIFO. Purchases Cost of Goods Sold Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. April 3 < 11 14 21 25 $ Inventory Unit Cost Total Cost Total Cost of goods sold $ Ending inventory value 1000 0000