Question: help please Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units @ $16 11 Purchase 14 units
help please
Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units @ $16 11 Purchase 14 units @ $16 14 Sale 19 units 21 Purchase 8 units $15 25 Sale 12 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. Cost of Purchases Goods Sold Inventory Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost April 3 11 bu ili 21 25 Total Cost of goods sold Ending Inventory value
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