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in:28932314 Use the foilowing information to answer Questions 1-3. The following was taken from Monique...

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Accounting

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in:28932314 Use the foilowing information to answer Questions 1-3. The following was taken from Monique Corp.'s inventory records during May. Note that the compeny does nol have 1. Assuming that the company uses the perpetual inventory system, determine the cost of merchandise sold for the sale of May 20 using the EIFO inventory cost method. Pevperver inyeniovy Syserhn. cos of goods sold 2. Assuming that the company uses the perpetual inventory system, determine the cost. of merchandise sold for the sale of May 20 using the average inventory cost method. 3. Assuming that the company uses the perpetual inventory system. determine the ending inventory for the month of May using the FIFO inventory cost method

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