11 Demag www A Shoe A Apa Dato ye mynd powy Cases Story Requirements Tul Dale Cosi Cual Daan Cest Co Cos Dumowy on the A. A1 10 m2 A2 23 Defence Dietary come ww 20 Deward winning notory recording For de hoogood ang hay Drengerparty congres in dehidrettere and wa 21 Print Done Total CA Check Answer A 10 ch wat een man entry for when we veraciones en este men PA Cest warya Un Tu Un Cal Dute cas Q Cel C 3 VL 20 Requirements a. Determine the cost of goods sold and ending merchandise inventory by preparing a perpetual inventory record using the specific identification method. Assume the following costing information for the books sold during the month: August 3: 5 books costing $21 each August 15: 10 books costing $21 each and 5 books costing $23 each August 28: 6 books costing $23 each and 2 books costing $26 each b. Determine the cost of goods sold and ending merchandise inventory by preparing a perpetual inventory record using the FIFO inventory costing method. c. Determine the cost of goods sold and ending merchandise inventory by preparing a perpetual inventory record using the LIFO inventory costing method. d. Determine the cost of goods sold and ending merchandise inventory by preparing a perpetual inventory record using the weighted average inventory costing method. Round weighted average unit cost to the nearest cent and total cost to the nearest dollar. Print Done MULLER a. Determine the cost of goods sold and ending merchandise Inventory by preparing a perpetual inventory record using the specific identification method. Assume the foll August 3: 5 books costing $21 each August 15: 10 books costing $21 each and 5 books costing $23 each August 28: 6 books costing $23 each and 2 books costing $26 each Start by entering the beginning inventory balancen, Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Ona cost of merchandise inventory purchased, sold, and on hand at the end of the period (Enter the oldest inventory layers first) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Quantity Cost Quantity Cost Cost Quantity Cost Aug. 1 Dato Cost Cost 3 12 15 20 28 Totals perpetual inventory record using the specific identification method. Assume the following costing information for the books sold during the month ing $23 each mg $26 each Bical order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quartty and total (Enter the oldest inventory layers first.) Inventory on Hand Unit Total Quantity Cost Cost More Info Aug. 1 Aug. 3 Aug. 12 Aug. 15 Aug. 20 Aug. 28 Beginning merchandise inventory, 17 books @ $21 each Sold 5 books @ $25 each Purchased 12 books @ $23 each Sold 15 books @ $25 each Purchased 3 books @ $26 each Sold 8 books @ $26 each Print Done Read the requirements a. Determine the cost of goods sold and ending merchandise inventory by preparing a perpetual inventory record using the specific identification metho August 3: 5 books costing $21 each August 15: 10 books costing $21 each and 5 books costing $23 each August 28: 6 books costing $23 each and 2 books costing $26 each Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) Cost of Goods Sold Inventory on Hand Unit Total Unit Total Quantity Cost Quantity Quantity Cost Purchases Unit Total Date Cost Cost Cost Cost Aug 1 3 12 15 20 28 Totals est inventory record using the specific identification method. Assume the following costing information for the books sold during the month: Bach ach est, calculating new inventory on hand balances after each transaction Once all of the transactions have been entered into the perpetual record, calculate the quantity and total me oldest inventory layers first.) Inventory on Hand Unit Total city Cost Cost Clear All Check Answer en de wereld royed me to the best western 62 A 10 och 23 paa books 23hbook ch arge conhecer and and head of the Call waren en Un Un To U Tuw bule Cee Q Cum C Com www 15 0