More Info EF6-20 (similar to) Assume that router Trettore completed the following papel Inventory transactions for a line offre (Click on to the action) Read the quirements Once of the transactions have been entered into the perpetual record the quantity and total cost of merchandise inven Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Cost Quantity Cost Cost Cost Jul, 1 Beginning merchandise inventory Jul 11 Purchase Jul 23 Sale Jul 26 Purchase Jul 29 Sale 211 tres 570 each 7 tires SB cach 14 tres 593 each 21 tires 162 nach 25 tires $93 each 11 23 Print Done 20 Total Enter any number in the edited and then click Check Answer 6 parts remaining Clear All Check toe More info Hon Score: 0.45 of 1 pt 4 of 16 completa EF6-20 (similar to) Assume a router The Store completed the following perpolatory transactions for a line offres Cles the contractions) Read mot Once all of the transactions have beestered in the perpetual record the quantity and total cost of merchandise inven Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Jut Jul. 1 Beginning merchandise inventory Jul, 11 Purchase Jul 23 Sale Jul 26 Purchase Jul 29 Sale 28 tres 570 each T tires 580 each 14 tires $93 each 21 tres @ 582 each 25 tires @593 each Print Done 11 Requirements 2 1. 2. 29 Compute cost of goods sold and gross profit using the FIFO nventory costing method Compute cost of goods sold and gross profit using the LIFO inventory costing method Compute cost of goods sold and gross profit using the weighted average inventory costing method (Round weighted average cost per unit to the nearest cant and all other amounts to the nearest dollar) Which method results in the largest gross profit and why? .. 4. Total Dono Enterary number in the old and then click Check Answer 6 part emaining Clear All Check An