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content area beginning inventory, purchases, and sales data for tennis rackets are as follows: april...

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Accounting

Content Area Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 20 units @ $13 11 Purchase 17 units @ $15 14 Sale 24 units 21 Purchase 13 units @ $21 25 Sale 16 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 FIFO. Purchases Cost of Goods Sold Inventory Date Qty. Unit Cost Total Cost Qty. Unit Cost T

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