help ASAP plz
Wicked Wid Compary bs a service based company that rents canoes for use en local lakes and rivers during 2024 . In addition to rental serices, af the beginning of January 2025. Widked Wid Company deoded to cary and sell T-shits with its logo printed on them. Wicked Wild Company uses the perpetual inventory system to account for the inventory. During Februaty 2025, Wicked Wed Company completed the following merchandising transactions (1. (Click the icon to view the transactions.) Read the requioments Requirement 1. Assume Wicked Wd Company began Fobruary wht 60 T-shirts in inventory that cost 57 each Prepare the perpetual inventory records for February using the FIIO iventory costing method Enter the trambactooss in chronological erdec, calculating new inventory on hand balances after each transaction. We will complete the schedule for the first five dates in this step the bext five dates in the following step, and so on. Once all of the transactions bave been entered inte the pecpetual record, calculate the quantily and fotal cost of merchandise. invendory purchased sold, and on hand at the end of the period. (Enter the oldest inventory layers fint) More info Feb. 5 Purchased ou l-smirs at \$1U each. Feb. 7 Sold 60 T-shirts for $12 each. Feb. 8 Sold 50 T-shirts for $12 each. Wicked Wild Company realized the inventory was running low, so it placed a rush order and Feb. 10 purchased 60 T-shirts. The premium cost for these shirts was $13 each. Feb. 12 Placed a second rush order and purchased 65 T-shirts at $13 each. Feb. 13 Sold 60 T-shirts for $12 each Feb. 15 Purchased 80 T-shirts for $10 each. In order to avoid future rush orders, purchased 170 T-shirts. Due to the volume of the order. Feb. 20 Wicked Wild Company was able to negotiate a cost of $7 each. Feb. 21 Sold 25 T-shirts for $12 each. Feb. 22 Sold 80 T-shirts for $12 each. Feb. 24 Sold 40 T-shirts for $12 each. Feb. 25 Sold 40 T-shirts for $12 each. Feb. 27 Sold 30 T-shirts for $12 each. Wicked Wild Company is a semice based compary that rents canoes lor use on local lakes and riveri during 2024 in addition to rental serices, at the beginning of January 2025 , Wicked Wild Company decded to cany and sell Tehints wilh its logo printed on them. Wicked Wid Company usas the perpehal inventory system lo account for the inventory. During February 2025. Widked Wed Company completed the folowing merdanding transactions: (1. (Click the icon to vhew the transactions) Read the regurements the next five datos in the following step, and so on. Once al of the fransactions have been entered lnto the perpetual record, calculate the quantify and lotal cost of merchandise imontocy natchased, sold, and on hand at the end of the period (Enter the obJest inventory layers first)
