nsactions.) i Data Table - X the FIFO inver tual inventory s profit. npany oods sold and a new inventory on ost of merchand May 5 Purchase 13 Sale 18 Purchase 26 Sale 120 crates @ 130 crates @ 124 crates @ 130 crates @ $ $ $ $ 78 each 112 each 90 each 118 each method ve been nter the ses Total Print Print | Done Done Cost Tields and then continue to the next question The Athlete began May with merchandise inventory of 72 crates of vitamins that cost a total of $3,600. During the month, The on account as follows: Click the icon to view the transactions.) Read the requirements. Gross profit is $ using the FIFO inventory costing method. Requirement 2. Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's c 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. El chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been en calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the old Purchases Inventory on Hand Unit Cost Total Cost Cost of Goods Sold Unit Total Quantity Cost Cost Unit Total Date Quantity Quantity Cost Cost May Enter any number in the edit fields and then continue to the next question 8:00am Co search he Athlete began May with merchandise inventory of 72 crates of vitamins that cost a total of $3,600. During the month. The Ath. account as follows: Click the icon to view the transactions) ead the requirements. Date Quantity Cost Cost Quantity Cost Cost Quantity | Cost Cost number in the eait fields and then continue to the next question earch O e wil 9 The Athlete began May with merchandise inventory of 72 crates of vitamins that cost a total of $3,600. During the month. The on account as follows: (Click the icon to view the transactions.) Read the requirements. Totais Determine the company's gross profit using the LIFO inventory costing method Gross profitis S using the LIFO inventory costing method Enter any number in the edit fields and then continue to the next question to search e ine (9