Steel it began August with 45 units of iron inventory that cost $24 each. During August, the company completed the following inventory transaction:

complete) HW Score: 43.23% -Questi wing inventory transactions: method. -- etual tory on har Enter the old 1. Prepare a perpetual inventory record for the merchandise inventory using the 2. Prepare a perpetual inventory record for the merchandise inventory using the 3. Prepare a perpetual inventory record for the merchandise inventory using the 4. Determine the company's cost of goods sold for August using FIFO, LIFO, 5. Compute gross profit for August using FIFO, LIFO, and weighted-average 6. If the business wanted to maximize gross profit, which method would it al FIFO inventory costing method. LIFO inventory costing method. weighted-average inventory costing method. and weighted-average inventory costing methods. inventory costing methods. select? st Print Done Clear All Check Answer acBook Ai