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Pass N Go , a regional convenience store chain, maintains milk inventory by the gallon. The first month's milk purchases and sales at its Schenectady,

Pass N Go, a regional convenience store chain, maintains milk inventory by the gallon. The first month's milk purchases and sales at its Schenectady, New York, locat (Click the icon to view the purchases and sales)
Read the requirements.
\table[[May 2,Purchased 8 gallons @ $190 each],[May 6,Purchased 2 gallons @ $2.00 each],[May 8,Sold 3 gallons of milk to a customer],[May 13,Purchased 1 gallons @ $3.20 each],[May 14,Sold 4 gallons of milk to a customer]]
inventory purchased, sold, and on hand at the end of the period. (Enter all amounts to the nearest cent, $XXX. Enter the oldest inventory layers first)
\table[[Date,Purchases,Cost of Goods Sold,Inventory on Hand],[Quantity,\table[[Unit],[Cost]],\table[[Total],[Cost]],Quantity,\table[[Unit],[Cost]],\table[[Total],[Cost]],Quantity,\table[[Unit],[Cost]],\table[[Total],[Cost]]],[May 2],[,,,,,,,,,],[,,,,,,,,,],[1,,,,,,,,,],[,,,,,,,,,],[1,,c,,,,,,,],[,,,,,,,,,],[Totals,=,,,,,,,,]]
Requireme
Determine the amount that would be reported in ending merchandise inventory on May 15 using the FIFO inventory costing method.
Determine the amount that would be reported in ending merchandise inventory on May 15 using the LIFO inventory costing method.
Determine the amount that would be reported in ending merchandise inventory on May 15 using the weighted-average inventory costing method. (Round all amounts to the nearest cent, $xxx)
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