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please show all work for both puctures! Sherman Bookstore had 500 units on hand at March 1, costing $6 each. Purchases and sales during the

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Sherman Bookstore had 500 units on hand at March 1, costing $6 each. Purchases and sales during the month of March were as follows: Date Purchases Sales arc 445 @ $16 17 25 29 250 @ $12 250 @ $14 260 @ $20 Sherman does not maintain perpetual inventory records. According to a physical count, 295 units were on hand at March 31. What is the cost of the inventory at March 31, under the FIFO method? What is the cost of the inventory at March 31, under the LIFO method? When Shostek Corporation conducted a physical inventory, it determined that it had inventory worth $515,000 at December 31, 2014. This count did not take into consideration the following facts: Herschel Consignment currently has goods worth Shostek but are being sold on consignment by Herschel. The selling price of these goods is $175,000 Shostek purchased $42,000 of goods that were shipped on December 27 FOB destination that will $82,000 on its sales floor that belong to be received by Shostek on January 3. Determine the correct amount of inventory that Shostek should report

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