eBook Show Me How Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales for Item HM46 are as follows: August 1 Inventory 52 units @ $22 9 Sale 38 units Purchase 38 units @ $23 25 Sale 21 units Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method, determine (a) the cost of 25 and (b) the inventory on August 31. a. Cost of merchandise sold on August 25 469 b. Inventory on August 31 Fee a. When the FIFO method is used, costs are included in cost of merchandise sold in the order in which the Your inventory in terms of "layers. Determine how much inventory remains from each laver after each s b. The ending inventory is made up of the most recent purchases. eBook Show Me How Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales for Item HM46 are as follows: July 1 Inventory 102 units @ $16 5 Sale 82 units 11 Purchase 113 units @ $19 21 Sale 95 units Assuming a perpetual inventory system and using the last-in, first-out (LIFO) method, determine (a and (b) the inventory on July 31. a. Cost of merchandise sold on July 21 $ b. Inventory on July 31 $ og enthin AssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for H76 are as follows: July 1 Inventory 300 units at $120 12 Sale 210 units 26 23 Purchase 360 units at $135 Sale 330 units a. Assuming a perpetual inventory system and using the welghted average method, determine the weighted average unit cost after the July 23 purchase per unit b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of the merchandise sold on July 26. C. Assuming a perpetual Inventory system and using the weighted average method, determine the inventory on July 31.