#2.

1a.Begin by computing the cost of goods sold and cost of ending merchandise inventory using thr FIFO inventory costing method. Enter the transactions in chronological order, caculating mew inventory on hand balances adrer each transaction. Once all of the transactions bave been entered into the perpetual record, caculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first)

1a.

1b.Begin by computing the cost of goods sold and cost of ending merchandise inventory using thr LIFO inventory costing method. Enter the transactions in chronological order, caculating mew inventory on hand balances adrer each transaction. Once all of the transactions bave been entered into the perpetual record, caculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first)

1b.

1c.Begin by computing the cost of goods sold and cost of ending merchandise inventory using the weighted-average inventory costing method. Enter the transactions in chronological order, caculating mew inventory on hand balances adrer each transaction. Once all of the transactions bave been entered into the perpetual record, caculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first)

1c.

1c. CORRECTION Begin by computing the cost of goods sold and cost of ending merchandise inventory using the weighted-average inventory costing method. Enter the transactions in chronological order, caculating mew inventory on hand balances adrer each transaction. Once all of the transactions bave been entered into the perpetual record, caculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Round weighted-average cost per unit to the nearest cent and all other amounts to the nearest dollar.)

Beginning Inventory is posted :

THERE IS NO BEGINNING INVENTORY!! EVERYTHING THAT IS ON THERE HAS BEEN POSTED

Everything on here is posted.

BEGINNING INVENTORY: Fit World begins July with merchandise inventory of 80 crates of vitamins that cost a totsl of $3,600. During the month, Fit World purchased and sold merchandise on account as follows:

Everything on here is posted correctly now! I am sorry for the problems

9, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit FIFO inventory costing method. Enter the transactions in chronological order, calculating new inver purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) - x Requirements 1. 2. Prepare a perpetual inventory record, using the FIFO inventory costing method and determine the company's cost of goods sold, ending merchandise inventory, and gross profit Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit Prepare a perpetual inventory record using the weighted-average inventory costing method and determine the company's cost of goods sold ending merchandise inventory, and gross profit (Round weighted-average cost per unit to the nearest cent and all other amounts to the nearest dollar If the business wanted to pay the least amount of income taxes possible, which method would it choose? 3. 4. Print Done thod, and determine the company's cost of goods sold ending merchandise inventory, and gross profit the LIFO inventory costing method Enter the transactions in chronological order calculating new inventory mtory purchased sold, and on hand at the end of the period Enter the oldest inventory layers first Inventory on Hand a determine the company's cost of goods sold, ending merchandise inventory, and gross pre Inventory costing method. Enter the transactions in chronological order, calculating new in chased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) tory on Hand Unit Total Cost - Data Table Jul. 5 Purchase Jul. 13 Sale 120 crates @ $58 each 130 crates @ 596 each 130 crates @ $72 each 140 crates @ $108 each Jul. 18 Purchase Jul. 26 Sale Print Done and determine the company's cost of goods sold ending merchandise inventory and gross profit LIFO inventory costing method Enter the transactions in chronological order calculating new inven Burchased sold, and on hand at the end of the period Enter the enton varsin ventory on Hand Read the requirements Requirement 1. Prepare a perpetual inventory record, using the FIFO inventory costing method and determine the company's cost of goods Begin by computing the cost of goods sold and cost of ending merchandise inventory using the FIFO inventory costing method. Enter the tran entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the Purchases Cost of Goods Sold Inventory on Hand Unit Total Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Jul 1 Unit 12 11 20 Totals Determine the company's gross profit using the FIFO inventory costing method Gross proti using the FIFO inventory costing ethod Requirement 2. Prepare a perpetual inventory record using the LIFO inventory costing method and determine the company's cost of goods sold and Begin by computing the cost of goods sold and cost of ending merchandise inventory using the LIFO inventory costing method Enter the transactions entered into the perpetual record calculate the quantity and total cost of merchandise inventory purchased sold and on hand at the end of the period Purchases Cost of Goods Sold Inventory on Hand Entean berteedelds and then continue to the next quen Type here to search o SAMSUN 29.99 Evang Click the icon to view the transactions.) Read the requirements Determine the company's gross profit using the FIFO inventory costing method. Gross profit is using the FIFO inventory costing method. Requirement 2. Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's c Begin by computing the cost of goods sold and cost of ending merchandise inventory using the LIFO inventory costing method E entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at Purchases Cost of Goods Sold Inventory on Hand Total Unit Total Unit Total Date Quantity Cost Quantity Cost Cost Quantity Cost Cost Jul. 1 Unit Cost 13 18 26 Totals Determine the company's gross profit using the LIFO inventory costing method Gross profit is using the LIFO inventory costing method Requirement 3. Prepare a perpetual inventory record using the weighted average inventory costing method and determine the com Begin by computing the cost of goods sold and cost of ending merchandise Inventory using the weighted-average inventory costing Enter any number in the edit Melds and then continue to the next question Type here to search o 29 2992 Evans Gross profit is using the LIFO Inventory costing method Requirement 3. Prepare a perpetual inventory record, using the weighted average inventory costing method, and determine the company's costo Begin by computing the cost of goods sold and cost of ending merchandise inventory using the weighted average Inventory costing method Enter have been entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost 5 13 18 Totals Determine the company's gross profit using the weighted average inventory costing method Grosspois using the weighted average Inventory costing method Requirement 4. If the business wanted to pay the least amount of income taxes possible, which method would it choose? the business wanted to pay the least amount of income taxes possible they would choose Enter a number in the cold and then continue to the next question Type here to search o SAMSUNG 9237437 922 byr Evora LARA SALUS Please answer the question in full if you know how to do it! Please allign the answers how the questions are so it's not confusing for me to figure out where it goes! Will give a thumbs up if the answer is correct! If you have trouble reading any of the images please let me know so I can post another picture! arpets' books show the following data. Data Table - X 2024 2025 $ 201,000 2023 $ Net Sales Revenue $ 161,000 173,000 Cost of Goods Sold $ $ 22,000 133 000 $28.000 102,000 40,000 90,000 Beginning Merchandise Inventory Plus: Net Cost of Inventory Purchased Cost of Goods Available for Sale Less: Ending Merchandise Inventory Cost of Goods Sold Gross Profit Operating Expenses 155.000 32.000 130.000 12.000 130 000 28,000 123.000 108.000 102.000 78.000 48.000 53,000 27.000 sod 71.000 39.000 32,000 S 30,000 $ 26.000 $ Net Income NE tof Print Done from any list or enter any number in the input fields and then continue to the next question Chctar O RI E SAMSUNG 6648 Burbano d determine the company's cost of goods sold, ending merchandise inventory, and gross profit. inventory costing method. Enter the transactions in chronological order, calculating new inventor hased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first) tory on Hand Unit Total Cost 0 Data Table - x Jul. 5 Purchase Jul. 13 Sale 120 crates @ $58 each 130 crates @ $96 each 130 crates @ $72 each 140 crates @ $108 each Jul. 18 Purchase Jul. 26 Sale Print Done etermine the company's cost of goods sold ending merchandise inventory and gross profit entory costing method Enter the transactions in chronological order calculating new inven ed sold and on hand at the end of the period Enter the oldest inventory layers first con Hand archandise inventory of 80 crates of vitamins that cost a total of $3,600. During the month, Fit World purchased transactions.) - X O Requirements It of goo erpetual ross pr of good 1. ng new ter the to ered into est invel al costa 2. hases nit 3. Prepare a perpetual inventory record, using the FIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. Prepare a perpetual inventory record, using the weighted average inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. (Round weighted-average cost per unit to the nearest cent and all other amounts to the nearest dollar.) If the business wanted to pay the least amount of income taxes possible which method would it choose? ho st 4. Print Done fields and then continue to the next question Test om se inventory of 80 crates of vitamins that cost a total of $3,600. During the month, Fit World pu actions.) 0 Requirements - X i Data Table - 1. 2. Jul. 5 Purchase 3. Jul. 13 Sale Jul. 18 Purchase Jul. 26 Sale 120 crates @ $58 each 130 crates @ 596 each 130 crates @ 572 each 140 crates @ $108 each htory ng per 4. Print Done Print Done ad then continue to the next question Ft World began July with merchandise Inventory of 80 crates of vitamins that cost a total of 53,600 During the month, Fat World purchased and sold merchandise on account as follows: Click the icon to view the transactions) Read the GRAD Requirement 1. Prepare a perpetual inventory record, using the PFO inventory costing method, and determine the company's cost of goods sold ending 11 merchandise inventory, and grous proft Begin by computing the cost of goods sold and cost of ending merchandise Inventory using the FIFO inventory costing method Enter the transactions in 11 chronological order calculating new Inventory on hand balance after each transaction Once all of the transactions have been entered into the perpetual record 11 calculate the quantity and total cost of merchandise Inventory purchased sold and on hand at the end of the period (Enter the oldest inventory layers first Purchases Cost of Goods Sold Inventory on Hand Unit Total Total Unit Total Date Guantity Cost Cost Quantity Cost Cost Quantity Cost Cost 11 11 dul 1 1 11 1 11 number in the sand then come to the next question 11 1 1120 o SAMSUNG IOAN FR World began July with merchandise Inventory of 80 crates of vitamins that cost a total of 53,600. During the month, Fit World purchased and sold merchandise on 11 account as follows Click the icon to view the transactions) 11 Read the 11 Jul 1 11 11 1 11 15 11 11 26 11 11 Total 11 11 Domine the company's gross profit using the FIFO inventory costing method 11 Gossi using the FIFO Inventory costing method Requirement 2. Prepare a perpetual inventory record using the UFO inventory conting method and determine the company's cost of goods sold ending 11 merchandise inventory, and grous poft Emer any number in the edities and then continue to the next question 11 11/24/20 O OB eef SAMSUNG LAUN Read the came Gross profit is using the FIFO inventory costing method Requirement 2. Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's cost of goods sold ending merchandise Inventory, and gross proft Begin by Computing the cost of goods sold and cost of ending merchandise inventory using the LIFO inventory costing method Enter the transactions in chronological order calculating new inventory on hand balances after each transaction Once all of the transactions have been entered into the perpetual record calculate the quantity and total cost of merchandise inventory purchased sold and on hand at the end of the period (Enter the oldest inventory layers first) Purchases Cost of Goods Sold Inventory on Hand Total Unit Total Unit Total 11 Date Quantity Cost Cost Quantity Cost Cost 11 Quantity Cost Cost Jul 16 11 1 1 Enter any number in the ed elds and then continue to the next Question 12 1 o RI oo F. SAMSUNG FX World began July with merchandise inventory of BO crates of vitamins that cost a total of 53,600. During the month, FA World purchased and sold merchandise on Click the icon to view the transactions) account as follows Read the DD Date Quantity Jul. Cost Cost Quantity Cost Cost Quantity Cost Cost 11 11 1 11 11 20 11 Durumine the company's grous profit using the LiForvertory conting etethod using the forcing the 11 Requirements. Prepare a perpetual inventory record using the weighted average Inventory costing method and mine the company's cost of goods sold 1 Enter any benes and reach to the guest 13 o SAMSUNG LOAN 11 FR Wond began July with merchandise Inventory of 80 crates of vitamins that cost a total of 53.600 During the month Ft World purchased and sold merchandise on 11 account as follows Click the icon to view the transactions) Read the CD 11 De Company yw pro ciru vay 11 Gross profits using the LIFO inventory costing method Requirement 3. Prepare a perpetual inventory record using the weighted average Inventory costing method and determine the company's cost of goods sold 11 ending merchandienetary and gross proft 11 Begin by coming the cost of goods sold and cost of ending merchandise inventory using the weighted average inventory costing method Enter the transactions in chronological de calculating new inventory on hand balance aer cach transaction Once all of the transactions have been entered into the perpetual record 11 called the quantity and total cost of merchandise Inventory purchased sold and on hand at the end of the period Hound weighted average cost per un to the 11 was continet amounts to the nearest do 11 Purchases Cost of Goods Sold Inventory on Hand 11 Unit Unit Unit Total Date Quantity Cost Cost Cost 11 Quantity Cost Cose 16 JU Toul 11 1 21 1 2 23 Eberhard enco O SAMSUNG FR Wold began July with marchandise inventory of 80 crates of vitamins that cost a total of 53,600. During the month. Ft World purchased and sold merchandise on account as follows Click the icon to view the transactions) 11 1 Read the Purchases Unit Total Cost of Goods Sold Unit Total Quantity Cost Inventory on Hand Total Cost Cost 1 Cost Cost Cost Date Quantity Jul 1 11 11 11 20 21 11 Torals 11 Determine the company's gros profsing the weighted average inventory costing method using the weighted average inventory.com Requirement the business wanted to pay the least amount of income taxes which method would choose? the business wanted to pay the least amount of income taxes possible they would choose 1 a mente en els and then contine to the next O SAMSUNG LON mandise inventory of 80 crates of vitamins that cost a total of $3,600. During the month, Fit World purchased ransactions.) ases Cost of Goods Sold Inventory on Hand 3 Total -X t Cost * Data Table Jul. 5 Purchase Jul. 13 Sale 120 crates @ $58 each 130 crates @ $96 each 130 crates @ $72 each 140 crates @ 5108 each Jul. 18 Purchase Jul. 26 Sale profit using the Print Done sing the weightech wanted to pay the least amount of income taxes possible, which method would it choose? the least amount of income taxes possible they would choose Fields and then continue to the next question w Test 02 dise inventory of 80 crates of vitamins that cost a total of $3,600. During the month, Fit World purchase sactions.) Requirements X es 1. Prepare a perpetual inventory record, using the FIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit 2. Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. 3. Prepare a perpetual inventory record, using the weighted average inventory costing method and determine the company's cost of goods sold ending merchandise inventory, and gross profit. (Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar) 4. If the business wanted to pay the least amount of income taxes possible which method would it choose? profil ing Print want Done me least amount of income taxes possible they would choose lelds and then continue to the next question Test SAMSUNG