CV 6.1 Chapter 6 Canvas Homework: Inventory Costing Systems (FIFI/LIFO/Weighted Average) under Perpe and Periodic Inventory Systems B-Myne, Inc. is a wholesaler of fine chocolates. B-Myne began January with 80 crates of chocolates for total cost of $4,400. During the month, B-Myne made the following purchases and sales: Jan 5 Purchase Jan 12 Sale Jan 20 Purchase Jan 28 Sale 150 crates @ $60 each 160 crates @ $100 each 120 crates @ $70 each 100 crates @ $115 each Requirements: Calculate Ending Inventory, Cost of Goods Sold (COGS), and Gross Profit under the following systems: 1) FIFO costing system, Perpetual inventory system 2) LIFO costing system, Perpetual inventory system 3) Weighted Average costing system, Perpetual inventory system 4) FIFO costing system, Periodic inventory system 5) LIFO costing system, Periodic inventory system 6) Weighted Average costing system, Periodic inventory system