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Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for DVD players are as follows: SEE November 1 Inventory 72 units at $61 Sale 52 units Purchase 31 units at $63 Sale 26 units 11 units Sale DESSERE 30 Purchase 20 units at $66 The business maintains a perpetual inventory system, costing by the first in first-out method a. Determine the cost of the goods sold for each sale and the inventory balance after each sale, presenting 3. Under FIFO, if units are in inventory at two different costs enter the units with the LOWER unit cost first i column and in the Inventory Unit Cost column. The business stom coming the first in first on a. Determine the cost of the goods sold for each sale and the Inventory balance after each presenting the data in the form 3. Under FIFO, W units are in inventory at two different contenter the units with the LOWER unit confort in the cont of column and in the Inventory Unit Cost column. Cost of the Goods Sold Schedule First in, First-out Method DVD Players Cost of Cost of Quantity Purchases Purchases Quantity Goods Sold Goods Sold Inventory Inventory Purchased Unit Cost Total Cost Sold Unit Cost Total Cost Quantity ni Cost Total NO.1 Nov. 10 52 6 1 3.172 Nov. 15 311 1953) 20 6 1 1.220 Nov. 20 . Now. 30 20 66 1.320 W Nov. 30 Balances