Question: please solve all aptions Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for portable game players are as follows: Apr. 1 Inventory 35

Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for portable game players are as follows: Apr. 1 Inventory 35 units @ $60 10 Sale 29 units Purchase 45 units @ $63 20 Sale 26 units 24 Sale 6 units 30 Purchase 29 units @ $66 The business maintains a perpetual inventory system, costing by the last-in, first-out method. Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4. Under LIFO, if units are in inventory at two different costs, enter the units with the HIGHER 15 Date Apr. 1 Apr 10 Apr. 15 Apr 20 Apr. 24 Apr. 30 Apr. 30 Quantity Purchased Balance Purchases Unit Cost Purchases Total Cost 0 Schedule of Cost of Merchandise Sold LIFO Method Portable Game Players Cost of Merchandise Sold Unit Cost Quantity Sold Cost of Merchandise Sold Total Cost 100000000000 00000000000 10000000000 Inventory Unit Cost Inventory Total Cost 543
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