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Help with this please! Score: 15.65 of 40 pts 1 of 2 (1 complete) HW Score: 15.65%, 15.65 of 100 follow: BEF6-15 (similar to) Question

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Score: 15.65 of 40 pts 1 of 2 (1 complete) HW Score: 15.65%, 15.65 of 100 follow: BEF6-15 (similar to) Question Help Drag Strip, a regional convenience store chain, maintains milik inventory by the galton. The first month's milk purchases and sales at its Denver, Colorado, location 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 May 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 merchandiso inventory purchased, sold, and on hand at the end of the period. (Enter all amounts to the nearest cent, $X.XX. Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Inventory on Hand Unit Quantity Cost Quantity Cost Quantity Cost May 2 Unit Total Total Unit Total Date Cost Cost Cost 6 13 Enter any number in the edit fields and then click Check Answer 1 part remaining Clear All Check Answer T 1 May 2 Purchased 8 gallons @ $1.80 each May 6 Purchased 1 gallons @ $2.25 each May 8 Sold 3 gallons of milk to a customer May 13 Purchased 2 gallons @ $2.65 each May 14 Sold 4 gallons of milk to a customer

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