Beginning inventory, purchases and sales data for widgets are as follows:
Complete the inventory cost card assuming the business maintains a perpetual inventory system and calculates the cost of merchandise sold and ending inventory using FIFO.

Question

Beginning inventory, purchases and sales data for widgets are as follows:
  Complete the inventory cost card assuming the business maintains a perpetual inventory system and calculates the cost of merchandise sold and ending inventory using FIFO.

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The Answer of Beginning inventory, purchases and sales data for widgets are as follows:
  Complete the inventory cost card assuming the business maintains a perpetual inventory system and calculates the cost of merchandise sold and ending inventory using FIFO.

Beginning Inventory, Purchases and Sales Data for Widgets Are as Follows