3. Inventory records show the following data for January 2022: Purchases Beg Inventory Purchase Purchase Purchase Jan 1 Jan 5 Jan 15 Jan 25 Date Sales Sold Sold Jan 10 Jan 20 El # of units COGS # of units (d) Weighted Average Periodic (e) Moving Average Perpetual Revenue COGS Gross Profit # of units Unit $ Total Cost 100 $10 800 $20 200 $30 300 $40 For this data, calculate: (1) COGS and (2) Ending Inventory under each of the following methods and cost flow assumptions: # of units 500 400 (a) FIFO Perpetual or FIFO Periodic (results will be the same) (b) LIFO Periodic (c) LIFO Perpetual GP % age Ending Inventory EI $ ? Next, assume Sales Revenues for January 2022 were $50,000. Calculate gross profit and gross profit percentage under each method. FIFO COGS $ ? SHOW ALL YOUR CALCULATIONS ON THE NEXT PAGE and then summarize in the chart below!! PERIODIC LIFO WA 4. End-of-Chapter 6 exercises - complete these exercises on paper: (1) Short Exercise 6-8 (2) Short Exercise 6-9 (3) Exercise 6-15 using periodic inventory method. (4) Exercise 6-22 (5) Exercise 6-24 FIFO PERPETUAL LIFO

3. Inventory records show the following data for January 2022: For this data, calculate: (1) coGs and (2) Ending Inventory under each of the following methods and cost flow assumptions: (a) FIFO Perpetual or FIFO Periodic (results will be the same) (b) LIFO Periodic (c) LIFO Perpetual (d) Weighted Average Periodic (e) Moving Average Perpetual Next, assume Sales Revenues for January 2022 were $50,000. Calculate gross profit and gross profit percentage under each method. SHOW ALL YOUR CALCULATIONS ON THE NEXT PAGE and then sUmma 4. End-of-Chapter 6 exercises - complete these exercises on paper: (1) Short Exercise 6-8 (2) Short Exercise 6-9 (3) Exercise 6-15 using periodic inventory method. (4) Exercise 6-22 (5) Exercise 6-24