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Perpetual Inventory Using UFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 61 units at $62 10 Sale 48 units 15 Purchase 77 units at $65 20 Sale 42 units 24 Sale 13 units 30 Purchase 30 units at $69 The business maintains a perpetual inventory system, costing by the last-In, first-out method. Determine the cost of goods sold sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit Under LIFO, if units are in Inventory at two different costs, enter the units with the HIGHER unit cost first in the cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column. Schedule of Cost of Goods Sold LIFO Method DVD Players Cost of Cost of Quantity Purchases Purchases Quantity Goods Sold Goods Sold Inventory Purchased Unit Cost Total Cost Sold Unit Cost Total Cost Quantity Inventory Inventory Unit Cost Total Cost Date Nov. 1 61 Cuck My Work 4 more Check My Work uses remaining Previous eBook Show Me How Print item DEMOLITICS Uruguay LIFO Method DVD Players Quantity Purchases Purchased Unit Cost Purchases Total Cost Cost of Cost of Quantity Goods Sold Goods Sold Inventory Unit Cost Total Cost Inventory Inventory Sold Unit Cost Total Cost Quantity Date Nov. 1 61 Nov. 10 48 62 2,976 13 Nov. 15 77 65 5,005 50 X 90X Nov. 20 42 65 2.730 18 X 48 Nov. 24 13 GS 815 35 X 35 X Nov. 30 30 69 2,070 65 X 65 6S X Nov. 30 Balances 6,551

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