Can you help me with these, will upvote!!

This comes along with it. Its the last-in, first-out method

Perpetual Inventory Using Firo Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 77 units at $88 10 Sale 51 units 15 Purchase 31 units at 93 20 Sale 12 units Sale 10 units 30 Purchase 37 units at $99 The business maintains a perpetual inventory system, costing by the fustin, stout method. * Determine the cost of the goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 3. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the cost of Goods Sold Unit Cost column and in the Inventory Unit Cost column. Cost of Cost of Quantity Purchases Purchases Quantity Goods Sold Goods Sold Inventory Inventory Inventory Purchased Unit Cost Total Cost Sold Unit Cost Total Cost Quantity Unit Cost Total Cost Date Nov. 1 77 88 6,776 51 88 Nov. 10 Nov. 15 4,488 88 31 93 2,883 88 93 Nov. 20 93 88 Nov. 24 10 93 930 37 93 3,441 Nov. 30 37 99 3,663 88 93 Nov. 30 Balances b. Based upon the preceding data, would you expect the inventory to be higher or lower using the last-in, first-out method? The beginning inventory at Midnight Supplies and data on purchases and sales for a three month period ending March 31 are as follows Date Jan 1 Per Unit $56.00 10 Transaction Number of Units Inventory 3,000 Purchase 7100 Sale 4,200 Sale 1,300 64.00 28 112.00 30 11200 Feb 5 Sale 500 112.00 10 Purchase 66.00 18,500 8,900 Total $168,000 454 400 470,400 145,600 56,000 1,221,000 1,041,300 959,400 980 200 1.170,000 231,200 936,000 16 Sale 117.00 28 Sale 117.00 Mar 5 Purchase 67 60 8,200 14,500 10,000 3,400 14 Sale 11700 25 Purchase 68 00 30 Sale 8,000 11700 Date Quantity Unit Cost Total Cost Quantity Unit Cost Jan 1 10 7.100 $64.00 $454,400 3.000 1.200 $56.00 S64.00 $64 00 30 Feb 5 a a 8 8 % % 1,300 500 $64.00 18,500 $66.00 $1,221,000 4,100 4.800 8,200 $0400 S6600 $66 00 28 Mar 5 14,500 $6760 S980, 200 5 14 $66.00 14 5,500 4,500 25 $87.00 3,400 $68.00 $231,200 25 30 8,000 $67.60 30 31 Balances Inventory Total Cost Quantity Unit Cost Total Cost 3,000 $56.00 $56.00 $64.00 $168,000 $168,000 3,000 7,100 $454,400 $168,000 $76,800 3,000 $192,000 $83,200 $32,000 $64.00 $64.00 $ $64.00 $ $64.00 $ $66.00 18,500 $1,221,000 $262,400 $316,800 $541,200 $66.00 $ $66.00 $ $66.00 $ $67.60 14,500 $980,200 $363,000 $304,200 10,000 10,000 3,000 1,300 3,000 $67.60 $67.60 $68.00 $67 60 $68.00 $676,000 $676,000 $204000 $87,880 $204,000 $540,800 $2.688.400 Instructions 1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in Exhibit 3, using the first-in, first-out method 2. Determine the total sales and the total cost of goods sold for the period Journalize the entries in the sales and cost of goods sold accounts. Assume that all sales were on account and date your journal entry March 31. Refer to the Chart of Accounts for exact wording of account titles 3. Determine the gross profit from sales for the period 4 Determine the ending inventory cost as of March 31 5 Based upon the preceding data, would you expect the ending inventory using the last in first-out method to be higher or lower