Question: Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 75 units at $88 10 Sale

Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 75 units at $88 10 Sale 58 units 15 Purchase 41 units at $92 20 Sale 23 units 24 Sale 21 units 30 Purchase 25 units at $97 Cost of the Goods Sold Schedule First-in, First-out Method DVD Players Purchases Purchases Quantity Quantity Purchased Cost of Goods Sold Unit Cost Cost of Goods Sold Total Cost Date Inventory Quantity Inventory Unit Cost Inventory Total Cost Unit Cost Total Cost Sold Nov 75 885 6.600 1 Nov. 5.104 88 58 17 88 1,496 10 Nov. 17 88 1.496 41 92 3,772 15 41 92 3,772 Nov 1.496 92 17 58 X 88 3,772 X 20 11 Nov. 24 Nov. o 101 III 30 Nov. Balances 30
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