ACCT 2018: Financial Accounting Homework: HW-7 Score: 0 of 5 pts E6-15 (book/static) 1 of 2 (1 complete) Super Mart, a regional convenience store chain, maintains milk inventory by the gallon. The first month's milk purchases and sales at its Freeport, Florida, location follow (Click the icon to view the purchases and sales j Read the reatments Erdem Bakirdi & 12/15/20 1:02 HW Score: 16.67%, 1 om Question Help Requirement 1. Determine the amount that would be reported in ending merchandise inventory on November 15 using the FIFO 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 all amounts to the nearest cent, SX XXXX Enter the oldest inventory layers first) Purchases Unit Cost of Goods Sold Inventory on Hand Total Unit Total Unit Total Date Nov. 2 Quantity 11 Cost Cost Quantity Cost Cost Quantity Cost Cost 2.15 2365 Enter any number in the edit fields and then click Check Answer 2 parts remaining i a Clear As More info - X Nov. 2 Nov. 6 Purchased 11 gallons $2.15 each Purchased 2 gallons 52.00 each Sold 6 gallons of milk to a customer Nov. 8 Nov. 13 Purchased 3 gallons @ $2.85 each Nov. 14 Sold 4 gallons of milk to a customer Print Done 1302 15.12.2000 E6-15 (book/static) Super Mart, a regional convenience store chain, maintains milk inventory by the gallon. The first month's milk purchases and sales at its Freeport, Florida, location follow (Click the icon to view the purchases and sales) Road the rements Requirement 1. Determine the amount that would be reported in ending merchandise inventory on November 15 using the FIFO inventory costing method Question Hel 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 recond, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period (Enter all amounts to the nearest cent, SXXX Enter the oldest inventory layers first) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Nov. 2 Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost 11 2.15 2365 Enter any number in the edt fields and then click Check Answer parts 2 ming Clear All More Info Nov. 6 Nov. 2 Purchased 11 gallons @ $2 15 each Purchased 2 gallons @5200 each Nov. 8 Sold 6 gallons of milk so a customer Nov. 13 Purchased 3 gallons @$2.05 each Nov 14 Sold 4 gallons of inilk to a customer Print Done Check Answer Homework: HW-7 Score: 0 of 5 pts E6-15 (book/static) 1 of 2 (1 complete) Super Mart, a regional convenience store chain, maintains milk inventory by the gallon. The first month's milk purchases and sales at its Freeport, Florida, location follow (Click the icon to view the purchases and sales) Read the requirements 13 14 8 Requirements Totals Enter any number in the edit fields and then click Check Answer 2 parts remaining P DI Clear All More Info -X Nov. 2 Purchased 11 gallons @$2 15 each Nov. 6 Purchased 2 gallons @ $2 00 each Nov. 8 Sold 6 gallons of milk to a customer Nov. 13 Purchased 3 gallons @ $2.85 each Nov. 14 Sold 4 gallons of milk to a customer Print Done 1 of 2 (0 complete) ry by the gallon. The first month's milk purchases and sales at its Freeport, Flori i More Info ng merch y on hand d of the p ds Sold Nov. 2 R To Nov. 6 st C Purchased 11 gallons @ $2.15 each Purchased 2 gallons @ $2.80 each Nov. 8 Sold 6 gallons of milk to a customer Nov. 13 Purchased 3 gallons @ $2.85 each Nov. 14 Sold 4 gallons of milk to a customer Xcosting met hs have beer the oldest in ver. DO Print Done Clear All F5 F6 17 711 % 26 & 86 17 8 T E6-15 (book/static 0 2 Super Martagonal convenience store chain, maintains milk inventory by the gallon. The first (Click the icon to view the purchases and sa Read the gen Purchases Un Date Quantity Cest Total Cest Quently Cost of Goods Sold Unit Cost Total Cont Query Cost Cost M2 " 13 Enter any number in the at Selds and then click Check Araw 2 maining Cear Al Read the sour Nov Total Enter any number in the dtfelds and then click Check Answer 2Parts remaining