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Perpetual Inventory Using FIFO Beginning inventory, purchase and sales data for portable DVD player April 1                        Inve

Perpetual Inventory Using FIFO

Beginning inventory, purchase and sales data for portable DVD player

April 1                        Inventory                                                                75 units @$99

         10                       Sale                                                                         58 units

        15                        Purchase                                                                43 units @ $103

        20                       Sale                                                                          26 units

        24                       Sale                                                                         14 units

        30                       Purchase                                                                25 units @ $ 109
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Answer #1

т E G H 5,7421 april 10 sale (58 units from opening 1 inventory @99) april 20 sale (17 units from opening inventory @99)+ (9

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