ents ins that cost a lotal of $3 600 During the month, the World purchased and sold ework Attic World began with merchandise inventory of 80 crates of v merchandise on account as follows Click the icon to view the transactions) Quia/Test Read the requirements Requirement 1. Prepare a perpetua inventory record using the FIFO Ventory costing method, and determine the company's cost of goods sold, ending merchandise invertory, and gross pront Begin by computing the cost of goods sold and cost of ending merchandise inventory using the FIFO inventory costing method Enter the transactions in chronological order, calculating new entry on and balance after each transaction. Once of the transactions have been entered into the perpetual record calculate the quantity and cost of merchandise inventory purchased sold and on tund at the end of the period the oldest inventory Layers first) Cost of Goods Sold Inventory on Hand Quantity Enter any number in the edit fields and then continue to the next question 115m we here to search A Data Table mpany's cos a perpetual inventory ad gross profit cost of goods sold and Culating new inventory on and total cost of merchand method. Ente Je been enter Inter the oldes Jul. 5 Purchase 13 Sale 120 crates @ 130 crates @ 130 crates @ 140 crates @ $ $ $ $ 58 each 100 each 72 each 110 each Purchases Unit ty Cost 18 Purchase Total Cost 26 Sale Print Print Done in the edit fields and then c 11:59pm G H ne transactions.) Requirements - A t of goods se a perpetual ad gross pro cost of good Culating new d total costa ter the transa pred into the p est inventory le Purchases Unit y Cost 1. Prepare a perpetual inventory record, using the FIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. 2. Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit Prepare a perpetual inventory record, using the weighted average inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. (Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar) 4. If the business wanted to pay the least amount of income taxes possible, which method would it choose? in the edit fields 11:59pm Athletic World began July with merchandise inventory of 80 crates of vitamins that cost a total of $3,600. During the month Athletic World purchased and merchandise on account as follows Click the icon to view the transactions) Read the quements Hequirement 1. Prepare a perpetuam verary TCOID USing the Firventory costing method, and octomine me company's cost or goods so enang merchandise inventory, and gross proft Begin by computing the cost of goods sold and cost of ending merchandise inventory using the FIFO inventory costing method Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual recor calculate the quality and total cost of merchandise inventory purchased sold, and on hand at the end of the period Enter the oldest inventory layers first) inventory on Hand Purchase Unit Cost Total Cost Cost of Goods Sold Unit Total Quantity Cost Cost Quantity Date Quantity Enter any number in the edit Belds and then continue to the next question 11:59pm Type tere to search ludiluise Ull dului dS IULIUWS. (Click the icon to view the transactions.) ead the requirements Purchases COST OT GOODS SO10 inventory on Hang Total Unit Cost Total Cost Unit Cost Total Cost Unit Cost Date Quantity Quantity Quantity Cost Enter any number in the edit fields and then continue to the next question. 11:59pm ere to search IEC World began July with merchandise inventory of 80 crates of vitamins that cost a total of $3,600. During the month, Athletic merchandise on account as follows: Click the icon to view the transactions.) Read the requirements Totals Determine the company's gross profit using the FIFO inventory costing method Gross profit is using the FIFO inventory costing method Requirement 2. Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's cost of goods Enter any number in the edit fields and then continue to the next question 11 59cm here to search N et Wond began with meanine vertory of 80 crates of vitamins that costa tal of 1.600 During the month Co the contenentes) World purchased and so Read the green Requirement 2. Prepare a pers on second UFO von deng an merchandienventory and gross proft Begin by coming the cost of goods soldadostending mechandisin g the UFO chondogcaonde con now entry on and reach an Oce teman's cost o g og d e n a n a nd the Cost of Good Sond Unit To Quantity Cost Total Cost Date Quant Cost Erter any number in the elit selds and then continue to the next question Type here to search Read the requiremenis) Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Enter any number in the edit fields and then continue to the next question 11: 59pm ype here to search Wort purchased and so Whetic Wond began July with merchandise inventory of 80 crates of vitamin that cost a total of $3.500 Dung the month A merchandise on account as follows Cad the icon to view the transactions) Read the requirements Determine the company's gross prot using the UFO inventory costing method Grosspro g the UFO ventory costing method the company cost od Requirements. Prepare a perpetua inventory record using the weighted average inventory costing method and ng mechand ory and grosso Enter any number in the edit fields and then continue to the next question 11:59pm och Click the icon to view the transactions) Read the requirements Begin by computing the cost of goods sold and cost of ending merchandise inventory using the weighted average inventory costing method Enter the bansactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetrecord calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period (Round weighted average cost per un the nearest cent and all other amounts to the nearest dolar) Purchases Cost of Goods sold invent a nd Unit Total Date Quantity Cost Cost Quantity Cost Cost Unit Enter any number in the edit fields and then continue to the next question 11:59pm pe here to search Zlxlci v BN S OLIS Read the requirements Unit Total Date Quantity Total Cost Cost OU Cost Cost Enter any number in the edit Selds and then continue to the next question 11om ere to search e M MUL L IUS 600 During the month, Athletic World purchased a i se Ull du lollows (Click the icon to view the transactions) Read the requirements 26 Totals Determine the company's gross profit using the weighted average inventory costing method Gross profit is using the weighted average inventory costing method Requirement 4. If the business wanted to pay the least amount of income taxes possible, which method would choose? it the business wanted to pay the least amount of income taxes possible, they would choose Enter any number in the edit fields and then continue to the next question 11:59pm Type here to search DE