Portal Loventary Using Beginning invertor purchas, and sales data or portable gare vers are as fotos At Investor 120 units at 526 30 Sale nis 15 Purtas 140 unitat 120 20 Sale outs 20 40 30 Pure 16:30 The Serpenting by the first Deine icon of the merchased for their bancar sacharing the data in the formed in under trans are intertw cott, rohet www.cense Stamen in De Cem Cafe Marchandises Schedule ir tout Method Portable Game Players Quant Purchase Purch Quantity Cute Coat of archandise Sold Coast of Merchandise Sold Inventory Date Inventory Every Purchased Un Coat Total Coat Merchandise Sold Unit C Telut Q Cost Total Ar be A 15 10 Oy Chapter Seven BOOK Show Me How Date Quantity Purchased Purchases Unit Cast Purchases Total Cost Quantity Cost of Merchandise Sold Portable Game Players Cost of Merchandise Sold Unit Cost Cost of Merchandise Sold Total Cost Inventory Quantity Inventory Unit Cost Inventory Total Cost AL 1 A 10 APE 15 1 13 $1.00 Ap 20 00000 0000 AB 30 4. AD 30 Id upon the reci da OUMY Deathe inventory to be higher in the State Consider the contenery Wahlreports totain the road when stor Show Me How Apr. 1 Perpetual Inventory Using FIFO Beginning Inventory, purchases, and sales data for portable game players are as follows: Inventory 120 units at $26 10 Sale 90 units 15 Purchase 140 units at $28 20 Sale 110 units 24 Sale 40 units 30 Purchase 160 units at $30 The business maintains a perpetual Inventory system, costing by the first-in, first-out method. a. Determine the cost of the merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 3. Under FIFO, 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 Game Players Cost of Quantity Purchases Purchases Quantity Cost of Inventory Cost of Merchandise Inventory Merchandise Sold Date Inventory Purchased Unit Cost Total Cost Merchandise Sold Sold Total Cost Quantity Unit Cost Unit Cost Total Cost Apr 1 90 Apr. 10 Apr. 15 10000 0001 OOOO 140 28 3,920 Next Check My Work Save and Exit Submit Assignment for Gras