Exercise Gym began October with merchandise inventory of 95 crates of vitamins that cost a total of $3,800. During the month, Exercise Gym purchased and sold merchandise on account as follows: a (Click the icon to view the transactions.) Read the requirements. Requirement 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 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 record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Oct. 1 5 155 71 13 18 193 75 26 Totals 348 - X - X Data table Requirements 1. Oct. 5 Purchase 155 crates @ $71 each Oct. 13 Sale 180 crates @ $98 each Oct. 18 Purchase 193 crates @ $75 each Oct. 26 Sale 200 crates @ $102 each $ 2. 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. 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 3. Print Done Print Done