B C D E F Problem #1 Bobby Wino & Company reported the following December 2020 transactions pertaining to a 62oz bottle of Retro Cream, one of the company's many inventory items: Unit Cost Units 8 23.00 $ $ 20 25.00 Beginning inventory Jan 1 5-Jan Purchase 7-Jan Sale 10-Jan Purchase 18 22 $ 25.50 6 15-Jan 20-Jan Sale Purchase 27.00 10 13 25-Jan Sale 1 2 3 4 5 6 7 Use the above information to calculate the following: Cost of goods available for sale if the periodic system is used Ending Inventory Value using FIFO periodic Cost of goods sold using FIFO periodic Ending Inventory Value using LIFO periodic Cost of goods sold using UFO periodic Ending Inventory Value using Average Cost periodic Cost of goods sold using Average Cost periodic Cost of goods available for sale if the perpetual system is used Ending Inventory Value using FIFO PERPETUAL Cost of goods sold using FIFO PERPETUAL Ending Inventory Value using UFO PERPETUAL Cost of goods sold using LIFO PERPETUAL Gross Profit if all bottles of Retro Cream are sold at $45 per bottle and LIFO and LIFO PERPETUAL is used. 8 9 10 11 12 13 Sheet1 INDICATE THE: 14 Account (if any) credited at COST when a sale occurs and the Perpetual Inventory System is used. 15 Account (if any) credited at COST when a sale occurs and the Periodic Inventory System is used. 16 Account debited when merchandise is acquired and the Perpetual Inventory System is used. 17 Account debited when merchandise is acquired and the Periodic Inventory System is used. 5 7 O