requirement 1-4

transactions.) Requirements rd gog 1. f he ti intc inve . 2. Prepare a perpetual inventory record, using the FIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. Prepare a perpetual inventory record, using the weighted-average inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. (Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar.) If the business wanted to pay the least amount of income taxes possible, which method would it choose? 3. Print Done Data Table Jan. 5 Purchase 155 crates @ $71 each Jan. 13 Sale 180 crates @ $96 each Jan. 18 Purchase 193 crates @ $75 each Jan. 26 Sale 200 crates @ $100 each Print Done Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Jan. 1 5 155 71 11005 155 11005 13 18 26 Totals Atlas Gym began January with merchandise inventory of 95 crates of vitamins that cost a total of $3,800. During the month, Atlas Gym purchased and sold merchandise on account as follows: Click the icon to view the transactions.)