Begin by computing the coul of goods sold and cont of anong merchandienventory sing the onventory costing method. Enter the transactions in chronological calcung new moon and balance aer each transaction One of the actions have been red into the perpetual record clue quantity and total cost of merchandise Inventory purchased, old, and on hand at the end of the period. (Enter the oldest inventory layers first Purchases Cost of Goods Sold Inventory on and Unit Total Unit Unit Total Quantity Cost Cont Quantity Cost Cost Quantity Cont Cost Oct Data Table 13 Oct 5 Purchase Oct 13 Sale Oct. 18 Purchase Oct 26 Sale 13 130 each 140 crate each 170 cenach 100 5101 each 20 Print Done Total Determine the company's os pronto the LIFO inventory couting mod Gross proto using the Lostory couting method Requirements. Prepare a perpetua inventory record, using a weighted average Inventory costing method, and determine the company's cost of goods sold ending merchandise inventory and gross prot Begin by conuing the cost of goods sold and cost of ending merchandise inventory using the weighted average inventory cosing method Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once at of the transactions ben entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased told, and on and at the end of the period. Round weighted average cost per un e nearest contard al other amount to the nearest dollar) Purchases Cost of Goods Sold Inventory on Hand Data Table Unit Total Unit Total Unit Total Date Quantity Cost Coat Quant Coat Cost Quantity Cost Cost Oct 1 Oct 5 Purchase 130 $76 each Oct. 13 S 14 crates 505 each 13 Oct. 18 Purchase 170 350 each 18 Oct 20 Sale 180 510 each 26 Print Done 5 Determine company's gross proting the weighted average entory costing method using the weighted average ting method Requirement dit the business wanted to pay the least out of income as possible, which method would choose? bones wanted to pay the least amount of income tres post, they would che Enter any number in the edit folds and then continue to the rest