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1.compute cost of goods sold and gross profit using the FIFO inventory costing method

2. use the LIFO inventory costing method

3.use the weighted average inventory costing method (round weighted average cost per unit to nearest cent and all other amounts to nearest dollar"

Question Help ABT Store completed the following prevention is for sine free Click the icon to view the trion) Read the Requirement 1. Gongue costos de progovory conting method Blog by compare the cost of goods to content and working te vertory contingere in the designew inventory on hand balance teach Once we forbered the peel oor die tyd con archandise my hand on har end of the moderne test inventory les trot Purchase Carl at aacts to ventry on Hand Un Twa U Total Unit To rity) Cou Cost Quan Coul Com Quantity Cost Cost May 1 20 61 95 78 46 24 61 More Info 23 18 20 204 May Beginning merchandises Inventory May 11 Purchase May 23 Sale May 28 Purchase May 29 Sale 24h Bath ch Stres 1ST PT Done umber in the contenuto Assume that AB Tire Store completed the following perpetual inventory tractor for a line offres Click the icon to view the reaction) Read the rest Begin by computing the cost of goods sold and cost of ending merchandise inventory using the UFO neory costing method. Enter the coming order wing new very on hand balances are Once of the transactions have been entered into the perpetual record, calculate the quantity and total of merchandise inventory had sold, and had the end of the period. (Enter the oldest inventory layers Purchase Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cou Quantity Cost Cout Quantity Cost Cost May 11 More info 23 26 May Beginning merchandise mentory May 11 Purchase May 23 Sale May 26 Purchase May 29 Sale 246 ech 17 nach 16 17 och 14tres each 1787 och 20 Totals Print Con Compte groot profit using the LIFO inventory costing method Entrary number in the editoids and then continue to the next question Question Help Assume tha The Store completed the following perpetuitory actions for a fine offres (Click the icon to win.) Read the requires Requirements. Compute cost of goods sold and gross profit using the weightede inventory costing method. (Round weighted cost per un to the cent and other mounts to the nearester) Begin by computing the cost of goods sold and contending merchandise inventory using the weighted average Inventory costing method. Enter the transaction in chronological andering wory on hand acester transaction. Once of the transactions have been to the pepel recontact the quantity and total cost of merchandise inventory purchased, old, and on and of the end of the pared Purchase Cost of Goods Sold Inventory on Hund Unit Total Uin Total Unit Total Date Cost Cost Quality Cost Quantity Cout Coat May More info 11 Cost 23 26 2 reset ch May 1 Beginning merchandise inventory May 11 Purchase May 23 Sale May 20 Purchase May Sale 18 tres 387 strach Ich Totale Compule gross proting the verge inventory costing method Gross pros uring the widgetry coding to Requirement which methods in the largest grows profit, and why? Print bone Enter any name in the edit and then continue to the next question ng method. Enter the transactions in chronological order, calculating new inventory on hand chandise inventory purchased, sold, and on hand at the end of the period. X More Info May 1 Beginning merchandi entory May 11 Purchase May 23 Sale May 26 Purchase May 29 Sale 24 tires @ $61 each 6 tires @ $76 each 16 tires @ $87 each 14 tires @ $86 each 17 tires @ $87 each Print Dona s method will produce the cost of goods sold. ok Air

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