Q\#1) Using the information below, determine the Cost of Goods Sold for the month regarding Inventory Item \#101: REQUIRED: A) Determine Cost of Goods Sold using FIFO B) Determine Cost of Goods Sold using Weighted Average Q in Using the information below, determine whether there are any adjustments needed to the records. REQUIRED: A) Calculate LCNRV as a whole (assuming the items are similar) B) Calculate LCNRV applied separately to each product C) Prepare JE for Requirement B