Score: 0.42 of 1 pt 10 of 21 (11 complete) HW Score: 48.35%, 10.15 of E6-16 (similar to) Question Help Golf Unlimited carries an inventory of putters and other golf clubs. The sales pnce of each putter is $117 Company records indicate the following for a particular line of Golf Unlimited's putters B! (Click the icon to view the records.) Data Table Read the requirements Requirement 1. Prepare a perpetual inventory record for the putters assuming Golf Unlimited uses the FIFO inventory costing method Then identify the cost of ending in Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once quantity and total cost of inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first) Date Item Quantity Unit Cost culate the Nov 1 Balance 20 70 Purchases Cost of Goods Sold 6 15 Inventory on Hand Sale 8 Purchase 30 $ 87 Unit Total Unit Total Unit Total 17 Sale 30 Date Quantity Cost Cost Quantity Cost Cost 30 Sale 2 Nov. 1 Nov 6 16 70 $ 1,120 Quantity Cost Cost 20 S 70 S 1,400 41$ 70 $ 280 41S 70 $ 280 30 S 87 S 2,610 41 $ 875 348 Requirements Nov. 8 30 S 87 S 2,610 41s 70 S 280 Nov 17 1 26 87 87 S 2,262 174 3.836 2 S 2$ 87 Prepare a perpetual inventory record for the putters assuming Golf Unlimited uses the FIFO inventory costing method Then identity the cost of ending inventory and cost of goods sold for the month Journalize Golf Unlimited's inventory transactions using the FIFO inventory costing method. (Assume purchases and sales are made on account 174 Nov. 30 2. S S S 174 2.610 2 48 Totals 30 Print Done Identify the cost of ending inventory for the month Choose from any list or enter any number in the input fields and then click Check Answer Clear All 6 parts remaining DEN a Type here to search prt se 40 1 10 backspace lock % &