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i More Info May 1 Beginning merchandise inventory 11 Purchase 23 Sale 30 tires @ $ 10 tires @ $ 20 tires @ $ 20

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i More Info May 1 Beginning merchandise inventory 11 Purchase 23 Sale 30 tires @ $ 10 tires @ $ 20 tires @ $ 20 tires @ $ 22 tires @ $ 52 each 64 each 77 each 75 each 77 each 26 Purchase 29 Sale Print Done Acompany sells tires and uses a perpetual inventory system. The following is available for the month: Click the icon to view the transactions.) (1) Indicate gross profit for the month assuming FIFO inventory costing. Gross profit is using the FIFO inventory costing method. () indicate gross profit for the month assuming LIFO inventory costing Gross profit is $ using the LIFO Inventory costing method. (1) Indicate gross profit for the month assuming weighted-average inventory costing (For weighted average calculations, round per unit costs to the nearest cent and al other amounts to the nearest dolar) Gross profit is $ using the weighted average inventory costing method

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