Please help with requirement 3 asap.
Requirernent 1, Prepare perpehal mer y record. usig the FIF inventory costing method, and detemne the company's cost of goods sold. ening merchandise inventory, and gross proft Begin by computing the cost of goods sold and cost of ending merchandise inventory using the FIFO inventory costing method Enter the tYansactions in caloulate the quandity and total cost of menchandise inventory purchased. sold, and on hand at the end of the period. (Enter the oldest inventory layers Srst Date QuantityCstCost Quantity Cost Cost QuantitystCost 8 55 4.290 8s555 4.290 156 $ 64 9.904 S4 64 3,456 158 64 9.384 55 4,290 02 6 6.528 $ 75 $8,550 4 5 64 3456 114 75 8550 18 5 75 1,350 54 64 3,456 Determine the company's gross proflt using the FIFO inventory costing method Gross prolit is $ 13,506 uning the FIFO inventory costing method Requirement 2, Prepare perpetual nvertry record, usng the LIFO nvertory costng metod and determine the compays cost of goods sold endng menchandise inventory and gross profe Begin by computing the cost off goods sold and cost of ending merchandise inventory using the LIFO inventory costing method Enter the transactions in calculate the quanity and total cost of menchandise inventory purchased, soild, and on hand altl the end of the period. (Emter the oldest inventory layers rst Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost 55 420 55 4290 156 64 9.8 156 $ 6 9,984 156 64 S 9.984 24 5 55 1,320 54 55 2.90 114 75 550 54 55 2.90 114 5 8550 114 8550 18 5 55 90 6 55 1980 Determine the company's gross prot using the LiFO inventory costing method Gross prolit is $ 13,146 using the LIFO inventory costing method Requirement 3, prepare a pe petai mer y record, usng the we gtedaverage m -g-etoa and detrine the copany's cost of goods sold. ending merchandise inventory and gross prof Begin by computing the cost of goods sold and cost of ending merchandise inventory using the weighted-average inventory costing method. Enter the transactions in Cost Quantity Cost Data Table Jan. 5 Purchase156 crates @ 64 each 80 crates $ 96 each 8 Purchase 114 crates@ 75 each 150 crates118 each 3 Sale 26 Sale Print Done