Page 6 of 10 Part 7 - Inventory Costing Methods (15 Points) Daring Darth and is in the business of lying and selling Dart Boards Below you will find the inventory peche d December 31, 2013 e chauer the year ending Sales Price Uitsland 1 500 1.250 Purchase Price $17.50 $20.00 $25.00 750 3500 3,000 $69.00 1.00 Date 1 Jan 2013 15. Feb 2013 1-Mar-2013 15 Mar 2013 15-Apr-2013 30-Apr-2013 1-May 2013 31-May-2013 30 Jun 2013 15.Jul 2013 15-Aug-2013 1-Oct-2013 IS-Dec-2013 527.50 530.00 $34.50 573.00 2.750 3.000 1.000 1.750 2.000 750 250 537.50 541.25 $42.50 $45.00 250 2.250 2.750 500 2.750 1.) Prepare the appropriate journal entry(s) to account for March 15th credit sales if Daring Dartboards utilized the FIFO eventory Costing Method 2. Prepare the appropriate journal entry) to count for March 15th credit sales of Daring Durbads utilized the LIFO eventos Con Method 3.) Prepare the appropriate journal entry to account for March 15th credit sales if During Dartboards utilized the Weighted Average Inventory Costing Method. Page 7 of 14) Prepare the appropriate journal entry(s) to account for May 31st cash sales if Daring Dartboards utilized the Weighted Average Inventory Costing Method 4) 5) Prepare the appropriate journal entry) to count for December 15th cash sales if Daring Dartboards utilized the LIFO Inventory Costing Method