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1. Laiculate cost or goous avandoie ior sdie and ending mventory under titu. Assume a penouic inventory systern is used. . Calculate sales, cost of

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1. Laiculate cost or goous avandoie ior sdie and ending mventory under titu. Assume a penouic inventory systern is used. . Calculate sales, cost of goods sold, and gross profit, under FIFO. Assume a periodic inventory system is used. Complete this question by entering your answers in the tabs below. Required information M7.7 to M7-9 (Algo) Calculating Cost of Goods Available for Sale, Ending Inventory, Sales, Cost of Goods Sold, and Gross Profit under Periodic FIFO, LIFO, and Weighted Average Cost [LO 7.3] [The following information applies to the questions displayed below] The following are the transactions for the month of July. M7.7 (Algo) Calculating Cost of Goods Available for Sale, Ending Inventory, Sales, Cost of Goods Sold, and Gross Profit under Periodic FIFO [LO 7-3] Required: 2. Calculate cost of goods avallable for sale and ending inventory under FIFO. Assume a periodic inventory system is used . Calculate sales, cost of goods sold, and gross profit, under HFO. Assume a periodic inventory system is used. Required: o. Calculate cost of goods available for sale and ending inventory under LIFO. Assume a periodic imventory system is used. b. Calculate sales, cost of goods sold, and gross profit, under LFO. Assume a periodic inventory system is used. Complete this question by entering your answers in the tabs below. Calculate cost of goods available for sale and ending inventory under LIF. Assume a petiodic inventory system is used. Required: a. Calculate cost of goods avallable for sale and ending inventory under weighted average cost. Assume a periodic inventory system is used. b. Calculate sales, cost of goods sold, and gross profit, under weighted average cost. Assume a periodic inventory system is used. Complete this question by entering your answers in the tabs below. Calculate cost of goods available for sale and ending inventory under weighted average cost Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your linal answers to nearest whole dollar amount.)

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