Purchase date # of units cost per unit total cost 4/17 beginning inventory 2,000 $115 $230,000 6/1 beginning inventory 700 $120 $84,000 8/22 beginning inventory 1,000 $130 $130,000 10/1 beginning inventory 400 $140 $56,000 12/2 purchase 600 $149 $89,400 12/10 purchase 220 $152 $33,440 12/19 purchase 310 $154 $47,740 12/21 purchase 155 $158 $24,490 12/28 purchase 205 $157 $32,185 totals 5,590 $727,255 cost of goods sold (perpetual fifo): # of units date of sale units sold: cost per unit: total cost 12/1 sale 500 cogs from 1/1 to 11/30 $3,648,722 12/3 sale 415 12/1 500 $380 $190,000 12/6 sale 490 12/3 415 $390 $161,850 12/9 sale 112 12/6 490 $390 $191,100 12/12 sale 325 12/9 $- 12/13 sale 211 12/12 $- 12/14 sale 375 12/13 $- 12/15 sale 995 12/13 $- 12/20 sale 575 12/14 $- 12/27 sale 255 12/15 $- 12/29 sale 700 12/15 $- total units sold 4,953 12/20 $- 12/20 $- 12/27 $- 12/27 $- updated inventory totals (after sales) 12/29 $- purchase date # of units cost per unit total cost 12/29 $- 4/17 beginning inventory 2,000 $115 $230,000 12/29 $- 6/1 beginning inventory 700 $120 $84,000 1,405 total cogs $4,191,672 8/22 beginning inventory 1,000 $130 $130,000 10/1 beginning inventory 400 $140 $56,000 12/2 purchase 600 $149 $89,400 12/10 purchase 220 $152 $33,440 12/19 purchase 310 $154 $47,740 12/21 purchase 155 $158 $24,490 balanced? (if 0 or -) 12/28 purchase 205 $157 $32,185 $(542,950)