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On May 10, Merlin Computers sold 80 Portex laptop computers to College Text Publithere, the...

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Accounting

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On May 10, Merlin Computers sold 80 Portex laptop computers to College Text Publithere, the date of this sale, Merlin's perpetual inventory recoris included the following cost layeth Prepare joumal entries to record the cost of the 80 l'oriex laptops sold on May 10 , assuming the Merlin Computers uses the: a. Specific identification method ( 50 of the units sold were purchased on April 9, and the is maining units were purchased on May 1). d. Average-cost method. c. FIFO method. d. LIFO method

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