please help answer the rest of thr question? also, i got a few that are wrong on thr white box
Better Boat Company is a service based company that rents canoes for use on local takes and rivers during 2018. In addition to rental serices, at the beginning of January 2019. Better Boot Company decided to carry and sell T-shirts with its logo printed on them. Better Boat Company uses the perpetual inventory system to account for the inventory During February 2019. Better Boat Company completed the following merchandising transactions Click the icon to view the transactions) Read the requirements Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost CUBIY USE WITH US Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction We will complete the schedule for the first five dates in this step, the next five dates in the following step, and so on Once al of the transactions have been entered into the perpetual record, calculate the quantity and total 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 Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Feb 1 120 S 1115 1320 2 60 $ 11 680 60S 115 660 5 BOS 13 S 1,040 50 $ 11S 650 80 $ 13 $ 1,040 60 $ 11 S 660 70 13 S 910 10 S 13 130 8 40$ 13 S 520 30S 13 $ 390 390 10 46 S 16 | S V20 30S 13 3 45|S 16 $ 720 390 12 65 $ 165 1040 30S 13 S 16 720 45 S 30 $ 13 30S 13$ 390 10 1.40 15 16 16 15 80$ 13 $ 1,040 30 13 390 16 s 1,040 65 30 20 120 S 11 s 1,320 13 390 Enter any number in the edit fields and then click Check Answer. Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Feb. 1 120 $ 11 S 1,320 2 60 $ 11 660 60 $ 11 $ 660 5 80 $ 13 $ 1,040 60 S 11 $ 660 80 $ 13 $ 1,040 60 $ 11S 660 70 S 13 S 910 10 $ 13 130 8 40 $ 13 $ 520 30$ 13 S 390 10 45 $ 16 S 720 30 S 13 $ 390 45$ 16 $ 720 12 65$ 16 $ 1,040 30 S 13 $ 390 45 $ 16 7201 13 30$ 13 S 390 30|| S 16 1,40 1$ 16 16 15 80$ 13 S 1,040 30 13 390 65 16||$ 1,040 20 120$ 11 | S 1,320 30 13 390 65 $ 13 390 120 $ 11$ 1,320 Feb. 2 Sold 60 T-shirts at $23 each Purchased 80 T-shirts at $13 each. Feb. 5 Feb. 7 Sold 70 T-shirts for $23 each. Feb. 8 Sold 40 T-shirts for $23 each. Better Boat Company realized the inventory was running low, so it placed a rush order and Feb. 10 purchased 45 T-shirts. The premium cost for these shirts was $16 each Feb. 12 Placed a second rush order and purchased 65 T-shirts at $16 each Feb. 13 Sold 45 T-shirts for $23 each Feb. 15 Purchased 80 T-shirts for $13 each. In order to avoid future rush orders, purchased 120 T-shirts Due to the volume of the order, Feb. 20 Better Boat Company was able to negotiate a cost of $11 each. Feb. 21 Sold 50 T-shirts for $23 each. Feb. 22 Sold 90 T-shirts for $23 each. Feb. 24 Sold 10 T-shirts for $23 each Feb. 25 Sold 70 T-shirts for $23 each Feb. 27 Sold 20 T-shirts for $23 each 1. Assume Better Boat Company began February with 120 T-shirts in inventory that cost $11 each. Prepare the perpetual inventory records for February using the FIFO inventory costing method 2. Provide a summary for the month, in both units and dollars of the change in inventory in the following format Number of T-shirts Dollar Amount Beginning Balance Add: Purchases Less: Cost of Goods Sold Ending Balance
