B Homework (Required) Question 2, EFG-15 (similar to) Part 3 of 3 Amy Chen 04/13/23 4:39 PM HW Score: 35.6%, 35.6 of 100 points Points: 7.32 of 10 Save Pass N Go, a regional convenience store chain, maintains milk inventory by the gallon. The first month's milk purchases and sales at its San Bernardino, California, location follow (Click the icon to view the purchases and sales.) pdf Read the requirements. 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, $XXX. Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Nov. 2 BS 1.80 $ 14.40 8 $ 1.80 $ 14.40 1 $ 2.25 $ 2.25 8 $ 1.80 $ 14.40 1 $ 2.25 $ 2.25 3 $ 1.80 $ 5.40 5 $ 1.80 $ 9.00 1 S 2.25 $ 2.25 13 2 $ 265 s 5.30 5 S 1.80 $ 9.00 1 $ 2.25 $ 225 2 $ 2.65 $ 5.30 14 4 $ 1.80 $ 7.20 15 1.80 $ 1,80 4 1 S 2.25 $ 2.25 21 2.65 $ 5.30 Demodocs example Get more help VMware-Horizo...dmg ^ VMware-Horizo.dmg QuickStart Guide...pdf nobles finmar6 pat MacBook Pro Clear all Check answer 3528 x 06 B Homework (Required) Question 2, EF6-15 (similar to) Part 3 of 3 HW Score: 35.6%, 35.6 of 100 points Points: 7.32 of 10 Pass N Go, a regional convenience store chain, maintains milk inventory by the gallon. The first month's milk purchases and sales at its San Bemardino, California, location follow K(Click the icon to view the purchases and sales.) Read the requirements Totals 11 $ 21.95 7 $ 12.60 COLD 600 223 25 2.65 $ 5.30 9.35 A Save Requirement 2. Determine the amount that would be reported in ending merchandise inventory on November 15 using the LIFO 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, $XXX Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Inventory on Hand Unit Date Quantity Nov, 2 Cost 8$ 1.80 $ 14.40 Total Cost Unit Total Unit Total Quantity Cost Cost Quantity Cost Cost BS 1.80 $ 14.40 6 15 225 $ 2.25 8 $ 1.80 $ 14.40 1 S 2.25 $ 225 B 15 2 $ 2.25 $ 1.80 $ 2.25 1.80 $ 10.80 3.00 13 2 $ 2.65 $ 5.30 6 5 1.00 $ 10.80 2 $ 2.65 $1 5.30 14 25 2.65 $ 5.30 4 S 1.80 $ 720 this Demodocs example Get more help- ide.pdf A VMware-Horizo dmg VMware-Horizo...dmg A QuickStart Guide.pd nobles finmgr6.pdf 3 MacBook Pro Clear all Check answer X K- Pass N Go, a regional convenience store chain, maintains milk inventory by the gallon. The first month's milk purchases and sales at its San Bernardino, California, location follow (Click the icon to view the purchases and sales.) Read the requirements Requirement 2. Determine the amount that would be reported in ending merchandise inventory on November 15 using the LIFO 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, $XXX. Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Nov. 2 Cost 8 $ 1.80 $14.40 Quantity Cost Cost Quantity Cost Cost 8 $ 1.80 $ 14.40 2.25 $ 2.25 1.00 $ 14.40 1 $ 2.25 $ 2.25 15 2 $ 2.25 $ 1.80 $ 2.25 6 $ 1.80 $ 10.80 3.60 13 25 2.65 $ 5.30 6 $ 1.80 $ 10.80 2 $ 2.65 $ 5.30 14 2 $ 2.65 $ 5.30 2 $ 1.80 $ 3.60 4 $ 1.80 $ 7.20 11 $ 21.95 7 $ 14.75 4 $ 7.20 Totals Requirement 3. Determine the amount that would be recorted in ending merchandise inventory on November 15 usino the weighted-average inventory costing method. Question 2, EF6-15 (similar to) Part 3 of 3 HW Sco Poin nience store chain, maintains milk inventory by the gallon. The first month's milk purchases and sale e purchases and sales.) - X The amount More info 15 using the FIFO im Onological o merchandis chases nit ost h. Once all of the tran ter all amounts to the Nov. 2 1.80 $ Purchased 8 gallons @ $1.80 each Nov. 6 Purchased 1 gallons @ $2.25 each Nov. 8 Sold 3 gallons of milk to a customer Nov. 13 Purchased 2 gallons @ $2.65 each Nov. 14 Sold 4 gallons of milk to a customer and Total Cost $ 14.40 2.25 $ $ 14.40 2.25 Print Done 2.65 $ help 4 $ S S S S 9.00 2.25 9.00 $ 2.25 2 $ 2.65 $ 5.30 1.80 $ 7.20 1 $ 1.80 $ 1,80 1 $ 2.25 $ 2.25 2 $ 265 S 530 VMware-Horizo....dmg QuickStart Guide....pdf nobles finmgr6 Pass N Go, a regional convenience store chain, maintains milk inventory by the gallon. The first month's milk purchases and sales at its San Bernardino, California, location follow (Click the icon to view the purchases and sales.) Read the requirements Totals 14 11 2 $ 2.65 $ 5.30 2$ 2.65 $ 5.30 4 $ 1.80 $ 7.20 2 $ 1.80 $ 3.60 $ 21.95 7 $ 14.75 4 7.20 Requirement 3. Determine the amount that would be reported in ending merchandise inventory on November 15 using the weighted-average 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, $XXX) 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 B 1.00 14.40 8 11 14.40 6 1 2.25 2.25 9 2.25 20.25 3 2.25 6.75 6 225 13.5 13 22 2 266 5.30 B Totals 14 E 11