his Question: 10 pts Little Mexico Leather, a distributor of leather products, uses the FIFO method for valuing inventor inventory transactions: (Click the icon to view the transactions.) Required 1. Prepare a perpetual inventory record for this item 2. Determine the store's cost of goods sold for October. 3. Compute gross margin for October. Requirement 1. Prepare a perpetual inventory record using the FIFO method. (For the inventory out layer of inventory first.) Leather Product Purchases Cost of Goods Sold Inve Date QTY Unit Cost Tot. Cost QTY Unit Cost Tol Cost QTY U Oct 1 Oct 3 Enter any number in the edit fields and then continue to the next question Type here to search O BI CSC 2 3 4 5 6 nis Question: 10 pts Selected accounts of Burwell Building Supplies, at March 31, 2014, are listed in alphabetical or Expenses. Burwell Building Supplies uses the perpetual inventory system. (Click the icon to view the accounts.) Required 1. Prepare Burwell Building Supplies' multi-step income statement for the year ended March 31, 2. Bev Burwell, owner of the company, strives to earn a gross margin of at least 50 percent and a achieve these goals? Show your calculations. Requirement 1. Prepare Burwell Building Supplies' multi-step income statement for the year end Begin with the heading, then complete the body of the statement, one section at a time, as preser Revenue: Less Choose from any list or enter any number in the input fields and then continue to the next ques Type here to search O 2 3 4 5 6 his Question: 10 pts Little Mexico Leather, a distributor of leather products, uses the FIFO method for valuing inventor inventory transactions: (Click the icon to view the transactions.) Required 1. Prepare a perpetual inventory record for this item 2. Determine the store's cost of goods sold for October. 3. Compute gross margin for October. Requirement 1. Prepare a perpetual inventory record using the FIFO method. (For the inventory out layer of inventory first.) Leather Product Purchases Cost of Goods Sold Inve Date QTY Unit Cost Tot. Cost QTY Unit Cost Tol Cost QTY U Oct 1 Oct 3 Enter any number in the edit fields and then continue to the next question Type here to search O BI CSC 2 3 4 5 6 nis Question: 10 pts Selected accounts of Burwell Building Supplies, at March 31, 2014, are listed in alphabetical or Expenses. Burwell Building Supplies uses the perpetual inventory system. (Click the icon to view the accounts.) Required 1. Prepare Burwell Building Supplies' multi-step income statement for the year ended March 31, 2. Bev Burwell, owner of the company, strives to earn a gross margin of at least 50 percent and a achieve these goals? Show your calculations. Requirement 1. Prepare Burwell Building Supplies' multi-step income statement for the year end Begin with the heading, then complete the body of the statement, one section at a time, as preser Revenue: Less Choose from any list or enter any number in the input fields and then continue to the next ques Type here to search O 2 3 4 5 6