land Total i Data Table Cost Oct. 5 Purchase Oct. 13 Sale 120 crates @ $58 each 130 crates @ $104 each 130 crates @ $72 each 140 crates @ $110 each Oct. 18 Purchase Oct. 26 Sale Print Done Requirements 1. 2. 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. 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. 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. (Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar.) If the business wanted to pay the least amount of income taxes possible, which method would it choose? 3. 4. Print Done be the began October with merchandise inventory of 80cres of lamine that conta total of 53.500 During the month, The Atlee purchased and sold merchant Click the icon to view the transactions) Requirement 1. Prepare a perpetual inventory record, using the FIFO inventory conting method, and determine the company's cost of goods sold ending the inventory and Begin by computing the cost of goods sold and cost of ending merchandise inventory in the FIFO inventory conting method. Enter the transactions in chronological ondw, teologiya Onoe all of the transactions have been arred into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, old, and in hard at the end of the per Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cont Cost Quantity Cost Cost Quantity Cost Cost Oct. 1 5 12 18 24 Totals Din the company's grona proting the conting med Enter any number in een fide and then continue to menos question ER Read the $3.000. During the month. The fine purchased and told merchandise Determine the company's gross profit using the FIFO inventory costing method Gross profits using 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 sounding merchandise metode Begin by computing the cost of goods sold and cost of ending merchandise inventory using the LIFO inventory conting method Enter the transactions in chronologiche Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of merchandise intory purchase and on and then the pred Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cont Quantity Cost Cost Oct 1 5 13 18 26 Entrany number is the editfelds and then continue to the next to 2 3 5 Read the that cost a lot of $3,600. During the month, The Athlete purchased and told merchandise on scout Determine the company's gros profit using the LIFO inventory costing method Gross pros using the LIFO invertory costing method Requirement 3. Prepare a perpetual inventory moord, using the weighted average inventory costing method and mine the company's cost of goods told, ending merchandise vodo Begin by computing the cost of goods sold and cost of ending merchandise inventory using the weighed vege inventory cofing method or the tractions in chronological order, transaction. Once all of the transactions have been entered into the perpetual record, call the way and total cost of merchandise inventory purchased sold and on hard at the end of the pred the nearest and all the amounts to the nearest dolar) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Cost Cost Cost Cost Oct. 1 5 13 18 20 Total Determine the company's gros profit wing the wind very como Enter any number in the edit fields and then continue to the next question 2 6 Cost 5 13 18 26 Totals Determine the company's gross profit using the weighted average inventory costing method Gross profit is using 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 Enter any number in the edit fields and then continue to the next question, esc go 3 2 # 3 $ 4 % 5