Fast Mart, a regional convenience store chain, maintains mik inventory by the gallon. The first month's milk purchases and sales at its Tempe, Artona, location follow i (Click the icon to view the purchases and sales.) Read the requirements Requirement 2. Determine the amount that would be reported in ending merchandise inventory on October 15 using the LIFO 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 inventory purchased, sold, and on hand at the end of the period. (Enter all amounts to the nearest cent, SX.XX. Enter the oldest inventory layers first.) Purchases * More Info Unit Cost Total Cost of Goods Sold Inventory on Hand Unit Unit Total Quantity Cost CostQuantityCost Cost Total Cost Date Quantity 1.80 14.40 Oct.2 Purchased 8 galons $1.80 each 6 Purchased 1 gallons @ $2.25 each 8 Sold 3 gallons of miklo a customer 13 Purchased 2 gallons @ $2.65 each 14 Sold 4 gallons of milk to a customer 25 2.25 Print Done Totals Requirement 3. Determine the amount that would be reported in ending merchandise inventory on October 15 using the weighted average Inventory costing method. for the newe in haa r mandatin namin handhalarar her eark tranetin nra all the treatine hannars in the nam