Question: Perpetual Inventory Using FEED Beginning inventory. Durchases, and sales date for portable DVD players are as follows April Inventory 60 units $24 10 50 units

Perpetual Inventory Using FEED Beginning inventory. Durchases, and sales date for portable DVD players are as follows April Inventory 60 units $24 10 50 units 15 Purchase 24 units $78 20 Sale 15 units 24 Sale 15 units 30 Purchase 28 units 51 The business maintains a perpetual inventory system, costing by the finfint out method Determine the cost of the merchandise old for each sale and the inventory balance after each sale, presenting the data in the form illustrated in het #. Under fo, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the cost of Merchandise Sold Unit Cost column and in the Inventory Unit Cost column Cost of the Merchandise Sold Schedule First-In, First-out Method Portable DVD Players Purchases Quantity Cost of Cast of Merchandise Sold Cost of Merchandise Sold Inventory Inventory Unit n Cost of the Merchandise Sold Schedule Fiesti, First-out Method Portable DVD Players Quantity Cost of Cost of Merchandise Sold cost of Merchandise Sold Merchandise Sold Unit Cost Total Cost Date Quantity Purchased Purchases Unit Cost Purchases Total Cont Inventory Quantity Inventory Unit Inventory Total Cost Cost 1 A U II. 34 Apr 8 b. Besed upon the preceding to you expect the inventory to be higher or on the last to the
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