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I'm really stuck and help would sure be appreciative! A Data Table May 5 Purchase 13 Sale 156 crates @ 180 crates @ 114 crates

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I'm really stuck and help would sure be appreciative!

A Data Table May 5 Purchase 13 Sale 156 crates @ 180 crates @ 114 crates @ 150 crates @ $ $ $ $ 64 each 100 each 75 each 108 each 18 Purchase 26 Sale Print Done Requirement 1. Prepare a perpetual inventory record, using the FIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. Begin by computing the cost of goods sold and cost of ending merchandise inventory using the FIFO inventory costing method. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. O ransactions have been entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost May 1 156649,984 13 1001 | 18,000 180193,420 114 7 5 8,550 26 Determine the company's gross profit using the FIFO inventory costing method. Gross profit is $ L u sing the FIFO inventory costing method. Requirement 2. Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. Begin by computing the cost of goods sold and cost of ending merchandise inventory using the LIFO inventory costing method. Enter the transactions in chronological order, calculating new inventory on hand balances after each transactions have been entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost May 1 Exercise Gym began May with merchandise inventory of 78 crates of vitamins that cost a total of $4,290. During the month, Exercise Gym purchased and sold merchandise on account as follows: (Click the icon to view the transactions.) Read the requirements. Gross profit is $ using the LIFO inventory costing method. Requirement 3. Prepare a perpetual inventory record, using the weighted average inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. Begin by computing the cost of goods sold and cost of ending merchandise inventory using the weighted average inventory costing method. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. O all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar.) Purchases Cost of Goods Sold Inventory on Hand Total Total Unit Cost Unit Cost Total Cost Unit Cost Date Quantity Cost Quantity Quantity Cost May 1 Totals Notarnsins the newnanila na nrofit uninth nicht d arasa incantan cantins method Enter any number in the edit fields and then continue to the next question. Exercise Gym began May with merchandise inventory of 78 crates of vitamins that cost a total of $4,290. During the month, Exercise Gym purchased and sold merchandise on account as follows: (Click the icon to view the transactions.) Read the requirements. amounts to the nearest dollar.) Purchases Cost of Goods Sold Unit Total Cost Unit Unit Cost Total Cost Inventory on Hand Total Quantity Cost Quantity Cost Quantity Cost Date May 1 Totals Determine the company's gross profit using the weighted average inventory costing method. Gross profit is $ L u sing the weighted average inventory costing method. Requirement 4. If the business wanted to pay the least amount of income taxes possible, which method would it choose? If the business wanted to pay the least amount of income taxes possible, they would choose Screenshot saved The screenshot was added to your OneDrive. Enter any number in the edit fields and then continue to the next question. OneDrive

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