Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for prepaid cell phones for May are as follows

FIFO Beginning pur&.s, for May May 1 in the Cut 'f Unit Cost and the In 3,700 units At $29 20 ,850 1,665 units At $31 Et $33 12 14 31 2,590 its 2,220 units its "ur-ne aint2irE zer-petual inventr,' OEting by first-im firstQut of for each the after Eve, tl- in the form illustted Exhibit 3. Under FIFO, f unit Tote I C Et its in invenW-y at the umts with unit Cast of of Sold FIFO Cell Unit Total Cost of Sold Q'ntity Cut of Sold CEt Date Qusntity 10 12 14 20 31 May 31 Cut of Total Cut