Please fill out every individual number every section. (cost of goods sold, purchases, and inventory on hand will have 3 different numbers for every entry)

Requirement 3. Comouto cont of goods sold and gross profit using the weighted average inventory conting method Round word Begin by computing the cost of goods sold and cost of ending merchandise inventoring the weighted age yoning methodne transactions have been entered into the perpetual record, calculate the quantity and total cost of merchandise entory porced, and of Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost May 1 11 23 26 29 Totals Dorputo gross profit using the weighted average inventory conting method Gross profit is wing the weighted average inventory conting method Requirement. Which method results in the largest groun proft, and why? method on the largest gross profuse during wes of in this method wil pro The perpen voor actions for a mois (Click the icon to view the transactions.) Road the requirements Computo gross profit using the FIFO inventory costing method Gross profit is using the FIFO inventory costing method Requirement 2. Compute cost of goods sold and gross profit using the LIFO inventory costing method. Begin by computing the cost of goods sold and cont of ending merchandise inventory using the LIFO inventory costing method. Emer the transaction boon entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased sold, and on hand at the end of the Cost of Goods Sold Inventory on Hand Unit Unit Unit Cost Quantity Cost Quantity Cost Quantity Cost Cost May 1 11 Purchases Total Total Total Cost Date 23 26 29 Totals Compute gross profit using the LIFO inventory costing method. Gross profit is using the LIFO inventory costing method Requirement 3. Compute cost of goods sold and gross profit using the weighted average inventory costing method. (Round weighted average co and cost of onding merchandise inventory using the weighted average inventory costing method Enter ndotal cost of merchandise inventory purchased, sold, and on tequirement 1. Compute cost of goods sold and gross profit using the FIFO inventory costing method login by computing the cost of goods sold and cost of ending merchandise inventory using the FIFO inventory costing method. Ento con entored into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, old, and on hand Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost 30 52 1500 May 1 11 10 64 1560 640 10 64 640 52 8 8 8 20 23 26 29 Totals Compute gross profit using the FIFO inventory costing method. Gross profit is using the FIFO inventory costing method Requirement 2. Compute cost of goods sold and gross profit using the LIFO inventory costing method ting the cost of goods sold and cost of ending merchandise inventory using the LIFO inventory costing method. E iyind total cost of merchandiso inventory purchased, told, and on May 1 Beginning merchandise inventory May 11 Purchase May 23 Sale May 26 Purchase May 29 Sale 30 tires @ $52 each 10 tires @ $64 each 20 tires @ $72 each 20 tires @ $75 each 22 tires @ $72 each May 1 Beginning merchandise inventory May 11 Purchase May 23 Sale May 26 Purchase 30 tires @ $52 each 10 tires @ $64 each 20 tires @ $72 each 20 tires @ $75 each 22 tires @ $72 each May 29 Sale 1