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 determine the cost of goods sold and ending inventory using FIFO.

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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 determine the cost of goods 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 determine the cost of goods sold and ending inventory using FIFO.

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