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Super Mart, a regional convenience store chain, maintains mik inventory by the gallion. The first month's milk purchases and sales of its Madison, Wisconsin, location

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Super Mart, a regional convenience store chain, maintains mik inventory by the gallion. The first month's milk purchases and sales of its Madison, Wisconsin, location follow (Click the icon to view the purchases and sales.) Read the requirements Requirement 1. Determine the amount that would be reported in ending merchandise inventory on January 15 using the FIFO inventory costing method Enter the transactions in chronological order, calculating new inventory on hand balances whereach transaction Onon 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 at the end of the period. (Enter amounts to the neareston, Co Enter the oldest inventory layers first) Purchase Inventory on Hand More Info Unit Cost Total Cost Cost of Goods Sold Unit Total Quantity Cost Cost Unit cost Quantity Quantity Jan 2 Purchased 12 aos 6 Purchased alona 52.20 each 52.55 each 13 Purchased 4 na $2.50 each 14 Sold 5 galons of milk to customer Print Dono Enter any number in the edited and then continue to the next question Super Marta regional convenience store chain, maintains mik invertory by the gation. The first month's milk purchase and (Click the icon to view the purchases and ) the Madison, Wisconsin, location follow Read the girements y costing method Requirement 2. Determine the amount that would be reported in anding merchandise r y on January 15 using the UFO Enter the transactions in chronological onderl ing new inventory on hand balance reach action. Once all of cost of merchandise inventory purchased, old, and on and the end of the period. Enter all amounts to the rest or X a lolate the quantity and total More Info Total Cost Cost of Goods Sold Unit Total Quantity Cost Cost inventory on Hand Unit Total Cost Cost Date Quantity Quan Jan. 2 Purch 12 gallons 52 20 each 6 Purchased 2 gulons $2.55 each 8 Sold 4 gaters of to a customer 13 Purchased on 12.60 each 14 Sold S ons of mik to a customer Print Dono Enter any number in the fields and then continue to the next question i noy by the Thermomilk purcha s e , Wisco , location follow Super Marta regional conc orcham Click the icon to the purchases and Rond the que Requirement. Det the amount that would be reported in anding merchandisinventory on January 15 using the we calculate the quantity Enter the transactions in chronological ordercoating wi cost of merchandivory purchased and on and do tory on hand balances the end of the d $220 ch 5 255 each customer c h transaction. Once amounts other Jan 2 Durchased 12 gallon 6 Purchased 2 Bodons of 4 r Inventory on Hand Cout Cost Quantity Date Cost Quantity Enter any number in the cities and then continue to the next question Requirement 3. Determine the amount that would be reported in ording merchandise inventory on January 15 using the weighted average inventory costing method Enter the transactions in chronological order, noulting new inventory on hand balances whereach transaction. One of the transactions have been entered into the perpetual record, calculate the quantity cost of merchandisinventory purchased, old, and on hand at the end of the period (Enterall amount to the resort, SXXX Purchases Cost of Goods Sold Inventory on Hand More info Unit Total Date Quantity Total Cost Cost Cost I Quantity Cost Quantity Cost Jun 2 Purchased 12 alions $2.20 each Purchased 2 gallons $2.55 each 8 Sold 4gons of milo customer 13 Purchase od 52.00 each 14 Sold S ons of mikta acum Done Enter any number in the folds and then continue to the next

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