Assinatur Tresore con pileting Wartoryter for Owen Rose Hagement Condo Foto ign by the colors and contendo mercadowy o wygli en www Once with the interred to apporter and more Purchase Cesto wand Unit To To Total Date Quantity Cel Con Q Coat Cout Com De 30 1200 SP 1040 20 1200 12 BT 1044 Del 1 Buying the 10 23 wa Del Pue 51 12 1044 Dec 13 Sale Das P 16 0 1700 2 00 12 1044 Du 29 14 Done 29 H2 12 2 IN TOL 150 34 2304 12 TON Total Categoring the inventory Gross ting the FIFO method Enter any number in the edities and then continue to the next gestion I UVI 33 11 Quest Assume that ronrubber Tre Store completed the following perpetual Inventory transactions for a ine of tires Click the icon to view the transactions) Read the moments Requirement 1. Computo cost of goods sold and gross profit uning the FIFO Inventory costing method Begin by computing the cost of goods sold and cost of ending merchandise inventory using the PFO inventory costing method. Enter the transactions in chronological order, cong new inventory on and ancestract Once all of the transactions have been ene ed into the perpetual record, calculate the quantity and cost of merchandise inventory purchased, old, and on hand at the end of the period. (the oldest inventory byen for Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost More Info Dec. 1 20 1200 12 87 1044 20 1200 12 82 1044 Dec. 1 Beginning merchandise inventory 20 ore 565 each 23 18 1134 2 126 Dec. 11 Purchase 12 G Saeach 12 87 1044 Dec 23 Sale 185 20 90 1200 2 83 120 Dec. 26 Purchase 14 40 40 ch 1044 Dec. Sale 16 tres Nach 14 1260 2 23 12 126 1080 Done 12 5044 2 180 2084 2300 20 1000 Total 30 Computer gross profissing the FIFO inventory costing method Gross pools using the FIFO inventory costing method 54 3 Beeg Print ST 12 Emery number in the edit fields and the continue to the next