Requirament 1. Prapare a parpehual invantory record for the marchandice inventory ucing the FIFO Inventory costing mathon Sart by entenng the beaannang memory balances, Enter the transactons in chrongiggral grder, calculaang new nvemor on hand balances after each transsacton. Once al of the transactons have been entered into the perpetual record, caculate e quantty and total cost of merchandse imventory purchased, sold, and on hand at the end of the layers st) penod Enter the uldest Cost of Goods Sold Purchase Inventory on Hand Unit Tota Unit Total Uni Total X Data Table Cost Dule Quantity Quuntity Cost Cost Cost Cost Quunlily Aug 1 Units Unit Cost Unit Sales Price S 83 75 S 52 8 Purchase 2- Sale 70 15 U Purchase 30 Print Dane Tells Requirament 2. Prapare a parpehuall invamory record for the marchandisa inventory using the IFO inventory costing mathod Erter the tranactons in chroraioa cal order, calculaang new inventory n hand balances aftor cach transaction. Once al of t trancactons have been entcred into the perpetual record, calculates quantty and total cost of merchandse imventory purchaced, sold, and on hand at the end of thes Fster the ridet iuentory bavers rst) Purchases Cost of Goods Sold Inventory on Hand Totol Unit Tota Units Unit Tota Cost Dule Aug Quanbt Cost Cost Quanbty Cost Quanbty Cost Cost 21 30 Tells Raquirement 3. Prepare a perpehial imventory record for the merchandise inventory using the waighted-averagea inventory costing method Stat by entering the beginning imentery balances. Enter the transections in chronological order, calulating new inventory on hend balances ater esch transection Once all of the trensactions heve been entered in parod the perpeual record, celculate the quentty and totel cost of merchendse imentory purchesed, sold, and on hend et the end of the Durctar Cost of Goods Suld Inve Tota Ieit Tota Tots nri Date Quantity COs Quantity Cos Cos: Cost Cost 21 aoll Totals Requirement 4, Delermine he cumpany's coet ot goods sold for August using FIFO, LIFO, and weighted-average irventory custing methods The coet of goods sold amount for August using FIFO imventory coctng is s Raquiramant 5. Camputa grass praft for August using FIFO, LIFO, and waighted-Rverage inmvantory costing mathods Sales Reverue Cest of Geeds So Gress proft FIEO UEC Wolghtad aversge Requirement 6, ir the buness wanted to maxmge groas prott, which method would t select? If the business wanted to mavimize grees proft, t would selact the methos Enter y number in the edt fields and then continue to the next question. Requirament 1. Prapare a parpehual invantory record for the marchandice inventory ucing the FIFO Inventory costing mathon Sart by entenng the beaannang memory balances, Enter the transactons in chrongiggral grder, calculaang new nvemor on hand balances after each transsacton. Once al of the transactons have been entered into the perpetual record, caculate e quantty and total cost of merchandse imventory purchased, sold, and on hand at the end of the layers st) penod Enter the uldest Cost of Goods Sold Purchase Inventory on Hand Unit Tota Unit Total Uni Total X Data Table Cost Dule Quantity Quuntity Cost Cost Cost Cost Quunlily Aug 1 Units Unit Cost Unit Sales Price S 83 75 S 52 8 Purchase 2- Sale 70 15 U Purchase 30 Print Dane Tells Requirament 2. Prapare a parpehuall invamory record for the marchandisa inventory using the IFO inventory costing mathod Erter the tranactons in chroraioa cal order, calculaang new inventory n hand balances aftor cach transaction. Once al of t trancactons have been entcred into the perpetual record, calculates quantty and total cost of merchandse imventory purchaced, sold, and on hand at the end of thes Fster the ridet iuentory bavers rst) Purchases Cost of Goods Sold Inventory on Hand Totol Unit Tota Units Unit Tota Cost Dule Aug Quanbt Cost Cost Quanbty Cost Quanbty Cost Cost 21 30 Tells Raquirement 3. Prepare a perpehial imventory record for the merchandise inventory using the waighted-averagea inventory costing method Stat by entering the beginning imentery balances. Enter the transections in chronological order, calulating new inventory on hend balances ater esch transection Once all of the trensactions heve been entered in parod the perpeual record, celculate the quentty and totel cost of merchendse imentory purchesed, sold, and on hend et the end of the Durctar Cost of Goods Suld Inve Tota Ieit Tota Tots nri Date Quantity COs Quantity Cos Cos: Cost Cost 21 aoll Totals Requirement 4, Delermine he cumpany's coet ot goods sold for August using FIFO, LIFO, and weighted-average irventory custing methods The coet of goods sold amount for August using FIFO imventory coctng is s Raquiramant 5. Camputa grass praft for August using FIFO, LIFO, and waighted-Rverage inmvantory costing mathods Sales Reverue Cest of Geeds So Gress proft FIEO UEC Wolghtad aversge Requirement 6, ir the buness wanted to maxmge groas prott, which method would t select? If the business wanted to mavimize grees proft, t would selact the methos Enter y number in the edt fields and then continue to the next