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Prepare a perpetual inventory record using FIFO.

"Can't distinguish purchase dates and sales dates." All the information that was provided to me is here. No additional information is needed.

A B C D E F G H I J K L M N O P Q R S | 1 Prepare a perpetual inventory record, using the FIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. T U Purchases Cost of Goods Sold Inventory On-Hand Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Date May 1 78 crates at 4290 total May 5 156 crates at 13 180 crates at 18 114 crates at 26 150 crates at 64 each 98 each 75 each 104 each 14 Totals Gross profit is $ using the FIFO inventory costing method 18 19 Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. 20 Purchases Cost of Goods Sold Inventory On-Hand 22 Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost 26 32 Totals 34 Gross profit is $ using the LIFO inventory costing method A B C D E F G H I J K L M N O P Q R S T U 37 Prepare a perpetual inventory record, using the weighted average inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. Purchases Cost of Goods Sold Inventory On-Hand Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost 40 Date 50 Totals 51 52 Gross profit is $ using the weighted average inventory costing method 53 54 If the business wanted to pay the least amount of income taxes possible, they would choose

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