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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory...

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Accounting

Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units @ $16 11 Purchase 14 units @ $15 14 Sale 21 Purchase 25 Sale 20 units 12 units @ $15 14 units Complete the inventory cost card assuming the business maintains a perpetual inventory system and determine the cost of goods sold and ending inventory using LIFO. Cost of Goods Sold Date April 3 11 14 21 25 Qty. 14 Purchases Unit Cost 15 Total Cost $ 210.0 Qty. Unit Cost E Total Cost of goods sold Total Cost MlF Qty. 18 18 14 Inventory Unit Cost 16 16 152 Ending inventory value Total Cost $ 288 288 210.0 Previous Next
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11 Purchove 14 units opis 515 14 sale 20 units 21 Nuchase 12 units is ins 25. Golet 14 units

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