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erchandise i $14 each g $14 each a g $20 each a es. Enter the t I cost of merch Cost a. Determine the
erchandise i $14 each g $14 each a g $20 each a es. Enter the t I cost of merch Cost a. Determine the cost of goods sold and ending merchandise inventory by preparing a perpetual inventory record using the specific identification method. Assume the following costing information for the books sold during the month: 4 books costing $14 each August 3: August 15: 4 books costing $14 each and 5 books costing $20 each August 28: 2 books costing $20 each and 4 books costing $29 each b. Determine the cost of goods sold and ending merchandise inventory by preparing a perpetual inventory record using the FIFO inventory costing method. c. Determine the cost of goods sold and ending merchandise inventory by preparing a perpetual inventory record using the LIFO inventory costing method. d. Determine the cost of goods sold and ending merchandise inventory by preparing a perpetual inventory record using the weighted-average inventory costing method. Round weighted average unit cost to the nearest cent and total cost to the nearest dollar ollowing ce hce all of the s first.) Quantity
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