Question: Complete the following table using the perpetual FIFO method of inventory flow. Purchases Cost of Goods Sold Inventory Date Qty Unit Cost Total Cost Qty

Complete the following table using the perpetual FIFO method of inventory flow.

Purchases Cost of Goods Sold Inventory
Date Qty Unit Cost Total Cost Qty Unit Cost Total Cost Qty Unit Cost Total Cost
July 2 600 12.00
5
200 13.00
7
300
10
325 14.00
12 300
150
18
250 13.00
22 50
205
25 120
180
28
330 15.00
31 70
5
31 Bal

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