Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units @ $13 11 Purchase 16 units @ $16 14 Sale 26 units 21 Purchase 8 units @ $21 25 Sale 12 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 ofGoods Sold Inventory Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost April 3 fill in the blank 1 $fill in the blank 2 $fill in the blank 3 11 fill in the blank 4 $fill in the blank 5 $fill in the blank 6 fill in the blank 7 $fill in the blank 8 $fill in the blank 9 fill in the blank 10 $fill in the blank 11 fill in the blank 12 14 fill in the blank 13 $fill in the blank 14 $fill in the blank 15 fill in the blank 16 $fill in the blank 17 $fill in the blank 18 fill in the blank 19 $fill in the blank 20 fill in the blank 21 21 fill in the blank 22 $fill in the blank 23 $fill in the blank 24 fill in the blank 25 $fill in the blank 26 $fill in the blank 27 fill in the blank 28 $fill in the blank 29 fill in the blank 30 25 fill in the blank 31 $fill in the blank 32 $fill in the blank 33 fill in the blank 34 $fill in the blank 35 $fill in the blank 36 fill in the blank 37 $fill in the blank 38 fill in the blank 39 Total Cost of goods sold $fill in the blank 40 Ending inventory value $fill in the blank 41

Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units @ $13 11 Purchase 16 units @ $16 14 Sale 26 units 21 Purchase 8 units @ $21 25 Sale 12...

Beginning inventory, purchases, and sales data for tennis rackets are as follows:

April	3	Inventory	19 units	@	$13
	11	Purchase	16 units	@	$16
	14	Sale	26 units
	21	Purchase	8 units	@	$21
	25	Sale	12 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	Total Cost		Qty.	Unit Cost	Total Cost
April 3								fill in the blank 1	$fill in the blank 2	$fill in the blank 3
11	fill in the blank 4	$fill in the blank 5	$fill in the blank 6					fill in the blank 7	$fill in the blank 8	$fill in the blank 9
								fill in the blank 10	$fill in the blank 11	fill in the blank 12
14				fill in the blank 13	$fill in the blank 14	$fill in the blank 15		fill in the blank 16	$fill in the blank 17	$fill in the blank 18
				fill in the blank 19	$fill in the blank 20	fill in the blank 21
21	fill in the blank 22	$fill in the blank 23	$fill in the blank 24					fill in the blank 25	$fill in the blank 26	$fill in the blank 27
								fill in the blank 28	$fill in the blank 29	fill in the blank 30
25				fill in the blank 31	$fill in the blank 32	$fill in the blank 33		fill in the blank 34	$fill in the blank 35	$fill in the blank 36
				fill in the blank 37	$fill in the blank 38	fill in the blank 39
				Total Cost of goods sold	$fill in the blank 40		Ending inventory value	$fill in the blank 41

Jun 10, 2022

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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units @ $13 11 Purchase 16 units @ $16 14 Sale 26 units 21 Purchase 8 units @ $21 25 Sale 12...

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