Requirement 1. Prepare a perpetual evento sing the PFO inventory costing method and determine the company's cost of goods sold ending merchandisinvertory, and proft Begin by computing the cost of goods old and cost of ending merchandise inventory using the PFO inventory costing method Enter the transactions in chronological order calling new inventory on hand balances her each transaction Once all of the transactions have been entered into the perpetual record calculate the quantity and total cost of merchandise Inventory purchased sold, and on hand the end of the period (Enter the oldest inventory layer frost) Purchase Costel Goods Sold Data table Dute Quantity Com Cout Cout Cost Quantity Cout Cout 130 May Purchase 13 aus 575 each May Sale 140518cach May 18 Purchase 170 a 55 cach May 26 Sale 1803112 11 170 36 14.20 20 ( Print Done 24 Tocals 300 Requirement 1. Prepare a perpetual evento sing the PFO inventory costing method and determine the company's cost of goods sold ending merchandisinvertory, and proft Begin by computing the cost of goods old and cost of ending merchandise inventory using the PFO inventory costing method Enter the transactions in chronological order calling new inventory on hand balances her each transaction Once all of the transactions have been entered into the perpetual record calculate the quantity and total cost of merchandise Inventory purchased sold, and on hand the end of the period (Enter the oldest inventory layer frost) Purchase Costel Goods Sold Data table Dute Quantity Com Cout Cout Cost Quantity Cout Cout 130 May Purchase 13 aus 575 each May Sale 140518cach May 18 Purchase 170 a 55 cach May 26 Sale 1803112 11 170 36 14.20 20 ( Print Done 24 Tocals 300