Assume the following events for a month for Company X: Beginning Balance of Inventory is 400 Units and the cost is $200 per Unit. October 5 Company X purchases 400 Units at a cost of $220 per Unit. October 9 Company X sells 600 units for $500 per Unit. October 17 Company X purchases 200 Units at a cost of $230 per Unit. October 27 Company X sells 300 units for $500 per Unit. October 29 Company X purchases 200 units for $250 per Unit. Use this data to answer all questions. Question 1 Using FIFO Perpetual, what is the COGS for Company X for the month of October? For all questions that involve a numerical answer: If the number is a positive or an increase to an account, please enter the number (e.g. 375). If the number is a negative or a decrease to an account, please enter a negative sign in front of the number (e.g., -375). Do not enter dollar signs or commas. 2 pts Question 2 Using FIFO Periodic, what is the ending inventory balance in October (in dollars)? For all questions that involve a numerical answer: If the number is a positive or an increase to an account, please enter the number (e.g. 375). If the number is a negative or a decrease to an account, please enter a negative sign in front of the number (e.g., -375). Do not enter dollar signs or commas. Question 3 Using LIFO Perpetual, what is the COGS for October? For all questions that involve a numerical answer: If the number is a positive or an increase to an account, please enter the number (e.g. 375). If the number is a negative or a decrease to an account, please enter a negative sign in front of the number (e.g., -375). Do not enter dollar signs or commas. 2 pts 2 pts Question 4 Using LIFO Periodic, what is the COGS for October? For all questions that involve a numerical answer: If the number is a positive or an increase to an account, please enter the number (e.g. 375). If the number is a negative or a decrease to an account, please enter a negative sign in front of the number (e.g., -375). Do not enter dollar signs or commas. Question 5 Using LIFO Periodic, what is the ending inventory balance in October (in dollars)? For all questions that involve a numerical answer: If the number is a positive or an increase to an account, please enter the number (e.g. 375). If the number is a negative or a decrease to an account, please enter a negative sign in front of the number (e.g., -375). Do not enter dollar signs or commas. 2 pts 2 pts Question 6 Using the Perpetual Moving Average, what is the COGS for October? For all questions that involve a numerical answer: If the number is a positive or an increase to an account, please enter the number (e.g. 375). If the number is a negative or a decrease to an account, please enter a negative sign in front of the number (e.g., -375). Do not enter dollar signs or commas. Question 7 Using Perpetual Moving Average, what is the Ending Inventory Balance in October (in dollars)? For all questions that involve a numerical answer: If the number is a positive or an increase to an account, please enter the number (e.g. 375). If the number is a negative or a decrease to an account, please enter a negative sign in front of the number (e.g., -375). Do not enter dollar signs or commas. 2 pts 2 pts Question 8 Using Period Weighted Average, what is the COGS for October? For all questions that involve a numerical answer: If the number is a positive or an increase to an account, please enter the number (e.g. 375). If the number is a negative or a decrease to an account, please enter a negative sign in front of the number (e.g., -375). Do not enter dollar signs or commas. Question 9 What is the TOTAL value of ALL the inventory that COULD have been sold during October? For all questions that involve a numerical answer: If the number is a positive or an increase to an account, please enter the number (e.g. 375). If the number is a negative or a decrease to an account, please enter a negative sign in front of the number (e.g., -375). Do not enter dollar signs or commas. 2 pts 2 pts Question 10 Using FIFO Periodic, what is the Gross Profit for October? For all questions that involve a numerical answer: If the number is a positive or an increase to an account, please enter the number (e.g. 375). If the number is a negative or a decrease to an account, please enter a negative sign in front of the number (e.g., -375). Do not enter dollar signs or commas. 2 pts