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Vessignment/takeAssignmentMain.do?invokera&takeAssignmentSessionLocator-&inprogress= fa * eBook Periodic Inventory by Three Methods The beginning inventory at Might Supplies and data on purchases and sales for a three month

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Vessignment/takeAssignmentMain.do?invokera&takeAssignmentSessionLocator-&inprogress= fa * eBook Periodic Inventory by Three Methods The beginning inventory at Might Supplies and data on purchases and sales for a three month or ending Man 31 areas Number Date Transaction of Units Per Unit Total Jan 1nventory 7.500 575.00 $562,500 -10 Purchase 22.500 85.00 1.912.500 28 Sale 11,250 150.00 1.687,500 30 Sale 2.750 150.00 562.500 Feb. 5 Sale 1.500 150.00 225,000 10 Purchase 54,000 57.50 4.725,000 16 Sale 27.000 160.00 4,320,000 28 Sale 25.500 16000 4.050.000 Mar. 5 Purchase 45.000 09.50 4,027,500 14 Sale 30,000 160.00 4.800.000 25 Purchase 7.500 90.00 675,000 30 Sale 26,250 160.00 4,200.000 Required: 1. Determine the inventory on March 31 and the cost of merchandise sold for the three-month period, using the first in first cut method and the periodic every on Merchande inventory, March 31 Cost of merchandise sold 2. Determine the inventory on March 31 and the cont of merchandise sous for the three-month period, wing the tastoin, erat-out method and the periodic inventory system Merchandise inventory, March 31 Cost of merchandise sold 3. Determine the inventory on March 31 and the cost of merchandise sold for the three month period. Using the weighted average otthod and the periode vary system Round the weighted average unit cost to the nearest cent and final answers to the nearest dollar Merchandise inventory, March 1 Cost of merchandise sold Deck My Work Next RI GMS 4. Compare the gross profit and the March 31 inventories, using the following column headings. Enter all amounts as positive numbers FIFO UFO Weighted Average Sales Cost of merchandise sold Gross pront Inventory, March 31

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