A2. Cycles started Oclober with 25 bigydes that cost 565 each On October 16, A purchased 50 kicycles at 550 each. On October 31 , AZ. sold 49 bicydes for 599 each Requiremeats 1. Prepare AZ Cycle's perpetial imestiory rocond aswuming fhe company uses the weightied average inweriofy costhg mothod 2. Joumafire the Oclober 16 parchase of mechandse inventory on account and the Odlober 31 sale of meedandise krentory on account. Requireneet 1. Piepare A. Cycte's pepetual inventory rocoed asuming the costpany unes the weigted average inveterr centing method Shepherd Cydes started March whth 12 bicydes that cost 542 each. On March 16, Shephord purchased 46 bicyoles at 568 each On March 31,5 eppherd sold 32 bicydes for 5105 each Requirements 1. Prepare Shepherd Cycle's perpetual inventory record assuming the company uses the FFO inventary costing inethod 2. Joumalte the March 16 puichate of merchandse inventory on account and the March 31 sale of meschandise imventory en accocert. Requirement 1. Prepare Shephend Cyde's perpotzal imventory record assuming the compary uses the FIFO inventory cosihg method Start by entering the beginning inventory balances Enter the transactions in chenological order, calculating new imentory on hand balances after each transuction Once all of the transactions have been Quantery: Tot = Totol)