egin by computing the cost of goods sold and cost of ending merchandise inventory using the FIFO inventory costing method. Enter the ch transaction. Once all of the transactions have been entered into the perpetual record calculate the quantity and total cost of mercha ventory layers fir Date Oct. 1 X Data table tory on Hand Unit Total Quar Cost Cost Oct. 5 Purchase 156 crates @$64 each Oct. 13 Sale 180 crates $102 each 5 Oct. 18 Purchase 114 crates $75 each Oct. 26 Sale 150 crates @$104 each 13 Totals 18 26 Print Done