Question: solve using lifo Beginning inventory, purchases, and sales data for portable game players are as follows: 68 units @ $93 48 units 83 units@ $97
Beginning inventory, purchases, and sales data for portable game players are as follows: 68 units @ $93 48 units 83 units@ $97 47 units 12 units 33 units @ $103 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 enter the units with the HIGHER unit cost first in the Cost of Merchandise Sold Unit Cost column and LOWER unit cost first in the Inventory U Perpetual Inventory Account
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