Garcia Sales sells golf bags and uses a perpetual inventory system . Garcias inventory records show that at April 1, there were 30 units on hand at a cost of $135 each. Transactions related to purchase and sale of golf bags in April were as follows: Date Transaction Unit s Cost Sales price Apr 2 Purchase 17 $127 Apr 5

Sep 8, 2023

Garcia Sales sells golf bags and uses aperpetual inventory system. Garcia’sinventory records show that at April 1, there were 30 units on hand at a cost of $135each. Transactions related to purchase and sale of golf bags in April were as follows:

 Date                      Transaction    UnitCost         Sales price
Apr 2                       Purchase            17                        $127
Apr 5                       Sale                      20                       $150
Apr15                     Purchase             12                        $125
Apr30                     Sale                       25                       $150

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Garcia Sales sells golf bags and uses a perpetual inventory system . Garcias inventory records show that at April 1, there were 30 units on hand at a cost of $135 each. Transactions related to purchase and sale of golf bags in April were as follows: Date Transaction Unit s Cost Sales price Apr 2 Purchase 17 $127 Apr 5
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Instructions: 
Prepare a schedule to determine the cost of goods available for salecost of goods sold and ending inventory using the FIFO Method for the period ended April 30th

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