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5. Using the table below, please journalize the transactions using Merchandise Inventory. Date Units Cost Total 3/1/2020 2,300 4.30 $ 9,890.00 3/5/2020 2,700 4.90 $
5. Using the table below, please journalize the transactions using Merchandise Inventory. Date Units Cost Total 3/1/2020 2,300 4.30 $ 9,890.00 3/5/2020 2,700 4.90 $ 13,230.00 3/15/2020 2,600 5.10 $ 13,260.00 3/23/2020 2,400 10.20 $ 24,480.00 6. Using the table found in question 5 please tell George which inventory system would give the highest COGS and lowest COGS. Please show your work. 8. Using the table in question 5 to journalize the correct amounts for the following items. a. Using the inventory method which gives us the highest COGS, please journalize a sale of 5000 units. b. Using the inventory method which gives us the lowest COGS, please journalize a sale of 5100 units
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