Question: Complete the following table using the perpetual FIFO method of inventory flow. Inventory ValuationPerpetual FIFO Date Purchased Units Unit Cost Units Sold Unit Cost Inventory

Complete the following table using the perpetual FIFO method of inventory flow. Inventory ValuationPerpetual FIFO Date Purchased Units Unit Cost Units Sold Unit Cost Inventory Units Balance Unit Costs Inventory Dollar Balance July 2 600 $12 Bal. July 5 200 $13 Bal. July 7 300 Bal. July 10 325 $14 Bal. July 12 300 150 Bal. July 18 250 $13 Bal. July 22 50 205 Bal. July 25 120 180 Bal. July 28 330 $15 Bal. July 31 70 5 Ending Balance FIFO INVENTORY VALUATION:

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