HELP!! please

Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for prepaid cell phones for December are as follows: Inventory Dec. 1 Date Dec. 1 Dec. 10 Dec. 12 120 units at $20 Check My Work Purchases 60 Dec. 10 22 Dec. 20 Purchases Purchases Purchases Unit Cost Total Cost Quantity Assume that the business maintains a perpetual inventory system, costing by the first-in, first-out method. Determine the cost of goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 3. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Goods Sold Unit Cost column and in the Inventory Unit Cost column. 60 units at $22 54 units at $24 1,320 Schedule of Cost of Goods Sold FIFO Method Prepaid Cell Phones Cost of Goods Sold Quantity Sales Cost of Goods Sold Unit Cost Dec. 12 Dec. 14 Dec. 31 84 units 72 units 36 units Cost of Goods Sold Inventory Inventory Inventory Total Cost Quantity Unit Cost Total Cost Previous Next

Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for prepaid cell phones for December are as follows: Assume that the business maintains a perpetual inventory system, costing by the first-in, first-out method. Determine the cost of goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 3. Under FIFO, if units are in inventory at two different costs, enter the units with the LowER. unit cost first in the Cost of Goods Sold Unit Cost column and in the Inventory Unit Cost column. inventory unit costcolum. Schedule of Cost of Goods Sold FIFO Method Prepaid Cell Phones Feodback * Chea My Wox Check My Work Previous Next Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for prepaid cell phones for December are as follows: Assume that the business maintains a perpetual inventory system, costing by the first-in, first-out method. Determine the cost of goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 3. Under FIFO, if units are in inventory at two different costs, enter the units with the LowER. unit cost first in the Cost of Goods Sold Unit Cost column and in the Inventory Unit Cost column. inventory unit costcolum. Schedule of Cost of Goods Sold FIFO Method Prepaid Cell Phones Feodback * Chea My Wox Check My Work Previous Next