Question: Week 5: Chapter 6 Homework Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 20 units @ $15 11

Week 5: Chapter 6 Homework Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 20 units @ $15 11 Purchase 13 units @ $14 14 Sale 24 units 21 Purchase 11 units @ $18 25 Sale 14 units Complete the inventory cost a ard assuming the business maintains a perpetual inventory system and determine the cost of goods sold and ending inventory using FIFO. Purchases Check My Work ( Previous Next ) Assignment Email Instructor - Save and Exit
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