Home Teylor bought and sold in dolls during December soos Click the icon to the one RTesses the perpetua inventory Read the room Requirement Compute the cost of good old coloring merchandise try and gros proting the FFO intory costing method Begin by coming the cost of goods and standing methodo inventory in the rotary conting method. Er wonen de calculating new inventory on hard Iwanows her mich Onion were bored into the perfecte antyd loof merchandier for photod old and on and at the code period internary lovers Purchase Cost of Good Bold diventary on Hand More Unid Yot UM Total Unit TOM Date Quantity Cost Quantity Cost Cout Guany Cost De Dest Beginning merchandisinventary De 13 und 11 och Det Sale teach Dec 14 Dec. 14 Parch 14 und each Dec 21 13124 Dec. 21 COM Print Done Total Grote to profit using the site FIFO marcasting mod Grow pros sing the firsting method Asume that R Toys store bought and sold in of dolls during December as follow Click the icon to view the transactions) R Toyses the perpetual inventory system Read the reme traman Gross proft using the FIFO inventory costing method Requirement 2. Compute the cost of goods sold cost of ending merchand ory and gross proting the Ferrycoding method Begin by computing the cost of goods sold and cost ofanding merchandise or in the LIFO mentoring med Once all of the sections have been entered into the perpetual recordate the quality and content More Wo Purchases Cost of Good Gold Inventory on Hand U Total Unit Total Unit Total Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Dec. 1 Beginning merchandisinventory Dec. 1 Dera Sale De Dec. 14 Purchase Dec 14 Sale tussfrach Qualch 1 Gesch 1312 Dec. 21 Done Totora Compute the gross profit using the using the UFO Inventory contingut Grosspois ringt UFO inventory costing method Requirement 3. Which method results in a higher cost of goods sold? The method with the higher cost of goods sold is Requirement 4. Which method results in a higher cost of ending merchandise inventory? The method with the higher cost of ending merchandise inventory is Requirement 5. Which method results in a higher gross profit? The method with the higher gross profit is Enter any number in the edit fields and then continue to the next