Need help with requirements 4-6 .

i Requirements 1. 2. 3. 4. 5. 6. Prepare a perpetual inventory record for the merchandise inventory using the FIFO inventory costing method. Prepare a perpetual inventory record for the merchandise inventory using the LIFO inventory costing method. Prepare a perpetual inventory record for the merchandise inventory using the weighted-average inventory costing method. Determine the company's cost of goods sold for August using FIFO, LIFO, and weighted-average inventory costing methods. Compute gross profit for August using FIFO, LIFO, and weighted-average inventory costing methods. If the business wanted to maximize gross profit, which method would it select? Print Done