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Please answer the very last question, question e 5. Use the following to answer questions a, b, c, d, and e. Round to two decimals

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image text in transcribedPlease answer the very last question, question e
5. Use the following to answer questions a, b, c, d, and e. Round to two decimals as n (30 points) Fit Planet began January with merchandise inventory of 90 crates of vitamins a cost of S65 per During the purchased and sold merchandise on account as follows and uses a perpetual inventory systems Units Unit Jan. 5 Purchase 130 108 140 Jan. 13 Sale 86 170 Jan. 18 Purchase 180 Jan. 26 Sale a. Calculate available units and costs (5 points). TC U- 130 b. If this company uses the FIFO inventory valuation method, what would be the cost of goods sold, cost of its ending inventory, and gross profit at January 31 (5 points)? sold Inve 2610 b020 Page 6 of 9 5. Use the following to answer questions a, b, c, d, and e. Round to two decimals as n (30 points) Fit Planet began January with merchandise inventory of 90 crates of vitamins a cost of S65 per During the purchased and sold merchandise on account as follows and uses a perpetual inventory systems Units Unit Jan. 5 Purchase 130 108 140 Jan. 13 Sale 86 170 Jan. 18 Purchase 180 Jan. 26 Sale a. Calculate available units and costs (5 points). TC U- 130 b. If this company uses the FIFO inventory valuation method, what would be the cost of goods sold, cost of its ending inventory, and gross profit at January 31 (5 points)? sold Inve 2610 b020 Page 6 of 9

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