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eBook Show Me How 8 units Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales...

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eBook Show Me How 8 units Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 45 units at $92 10 Sale 36 units 15 Purchase 19 units at $96 20 Sale 14 units 24 Sale 30 Purchase 26 units at $100 The business maintains a perpetual Inventory system, costing by the first-in, first-out method. a. Determine the cost of the goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in

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