P6-29A (similar to) Oman Workean August with Guns oro story that cost och Dung August, the company completed the wings Rappy record for the chando entoring the record Situbong may tao Erevantadion n dvomiogical order calculating now too hard to the chanson Once all of the main entered into the to the total cost of chandise for purchased sold and on and the end of the period the bary layers Cost of Good Sold Inventory on Hand Una Total Total Del Co COM Quantity Cost Col Cose 21 Check CHERA 7 P6-29A (similar to) Ornamental won Works began August with 60 units of leon inventory that cost 525 each. During August, the company completed the following inventory transactions Click the icon to view the transactions) Read the requirements Unit Unit Unit Total Cost Total Cost Total Cost Cost Quantity Cost Date Cost Quantity Quantity Aug 1 21 30 Totals Enter any number in het beds and then click Check Answer 7 Dar Clear All - Requirements 1. Prepare a perpetual inventory record for the merchandise inventory using the FIFO inventory costing method. 2. Prepare a perpetual inventory record for the merchandise inventory using the LIFO inventory costing method. 3. Prepare a perpetual inventory record for the merchandise inventory using the weighted-average inventory costing method 4. Determine the company's cost of goods sold for August using FIFO, LIFO, and weighted-average inventory costing methods 5. Compute gross profit for August using FIFO, LIFO, and weighted-average inventory costing methods. 6. If the business wanted to maximize gross profit, which method would it select Print Done 0 Requirements x Unit Data Table cos Units Unit Cost Unit Sales Price $ 72 Sale 45 Purchase 65 CA 41 Aug. 3 Aug. 8 Aug. 21 Aug. 30 55 86 Sale Purchase 20 56 Print Done