Question: Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units @ $13 11 Purchase 14 units @ $14

Beginning inventory, purchases, and sales data for tennis rackets are as follows:

April 3 Inventory 19 units @ $13
11 Purchase 14 units @ $14
14 Sale 20 units
21 Purchase 11 units @ $18
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 LIFO.

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